Palmyra, Lenawee County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Palmyra, Lenawee County, MI

Median Home Price Price

$204,941 $204.9K

Median Monthly Rent Rent

$1,477 $1.5K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Palmyra, MI is $1,477, with MoM change +$12 and YoY change +$71 pointing to positive momentum while volatility is low (std $16).

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Metric

Base market Palmyra, MI

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Delta vs base

Median rent

$1,477

N/A

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Median price

$204,941

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YoY change

+$71

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Price-to-rent

11.6x

Data unavailable

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