Market Summary

Morenci, Lenawee County, MI

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Median Home Price Price

$157,981 $158K

Median Monthly Rent Rent

$1,060 $1.1K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lenawee County

Region Price Rent GRM Display
$174,397 $1,194 12.0x
$223,209 $1,272 15.0x
$249,689 $1,190 18.0x
$208,725 $1,204 15.0x
$235,277 $1,202 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Lenawee County

Region Price Rent GRM Display
$268,417 $1,029 22.0x
$145,165 $1,210 10.0x
$170,916 $1,023 14.0x
$272,648 $1,745 13.0x
$108,967 $1,317 7.0x
$184,018 $1,151 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$290,339 $1,068 23.0x
$224,115 $1,992 9.0x
$176,294 $1,170 13.0x
$204,384 $1,053 16.0x
$236,277 $776 26.0x
$130,673 $953 11.0x
$88,374 $1,020 7.0x
$136,566 $1,077 11.0x
$170,077 $915 15.0x
$169,679 $1,063 13.0x
$164,203 $1,154 12.0x
$473,243 $1,027 38.0x
$239,888 $1,318 15.0x
$219,877 $1,118 16.0x
$314,251 $1,088 24.0x
$264,727 $1,458 15.0x
$170,718 $1,160 12.0x
$192,760 $1,033 16.0x
$171,917 $1,115 13.0x
$261,435 $993 22.0x
$208,227 $963 18.0x
$210,621 $1,070 16.0x
$159,860 $1,052 13.0x
$336,770 $1,058 26.0x
$216,284 $1,649 11.0x
$417,531 $1,145 30.0x
$256,071 $1,622 13.0x
$226,346 $1,074 17.0x
$214,088 $1,225 15.0x
$278,784 $1,035 22.0x
$166,201 $1,013 14.0x
$242,475 $1,539 13.0x

Home prices

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Monthly rent

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GRM

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Morenci

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Trend Insights

Median Rent in Morenci, MI is $1,060, with MoM change +$10 and YoY change +$89 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Morenci, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Morenci, MI
Compare market Select a market
Delta vs base
Median rent
$1,060
N/A
Median price
$157,981
N/A
YoY change
+$89
N/A
Price-to-rent
12.4x
Data unavailable
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