Newport, Monroe County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Newport, Monroe County, MI

Median Home Price Price

$194,635 $194.6K

Median Monthly Rent Rent

$1,374 $1.4K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Newport, MI is $1,374, with MoM change +$9 and YoY change +$33 pointing to positive momentum while volatility is low (std $8).

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Metric

Base market Newport, MI

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Delta vs base

Median rent

$1,374

N/A

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Median price

$194,635

N/A

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YoY change

+$33

N/A

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Price-to-rent

11.8x

Data unavailable

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