Powers, Menominee County, MI

Median Home Price Price

$159,866 $159.9K

Median Monthly Rent Rent

$536 $536

25.0x

Market Snapshot

Powers, Menominee County, MI is a city market with a median home price of $159,866, a median monthly rent of $536, a GRM of 25.0x, and a price-to-rent ratio of 24.9.

More markets to explore

01 Spalding, Menominee County, MI
Top recommendation Nearby alternative Lower GRM Higher rent
High confidence
Price $158.3K
Rent $842
GRM 16.0x
Explore the data
Region Show
Spalding
$158K $842 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Wetmore, Delta County, MI Explore deeper
$217K $543 33.0x
Walkerville, Oceana County, MI
$159K $998 13.0x
Arcadia, Manistee County, MI Explore deeper
$352K $1.2K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Jamesport, Daviess County, MO Explore deeper
$105K $587 15.0x
Land O Lakes, Vilas County, WI
$313K $701 37.0x
Selby, Walworth County, SD Explore deeper
$117K $973 10.0x

Home prices

Monthly rent

GRM = home price / annual rent

Powers

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Benchmark comparison

Rent in Powers, MI is 36.3% lower than Spalding, MI.

Compare to Spalding, MI
Powers, MI
Spalding, MI
Delta
Median rent
$536
$842
+$306
Median price
$159,866
$158,290
-$1,576
YoY change
+$37
+$73
+$36
Price-to-rent
24.9x
15.7x
-9.2x

Key takeaways

  • Powers, Menominee County, MI has a higher-grm screening profile: At 25.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $37 year over year.
  • Rent in Powers, MI is 36.3% lower than Spalding, MI.