Market Summary

Berkley, Oakland County, MI

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Median Home Price Price

$295,625 $295.6K

Median Monthly Rent Rent

$1,837 $1.8K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Oakland County

Region Price Rent GRM Display
$258,518 $1,339 16.0x
$312,136 $1,818 14.0x
$431,825 $2,482 14.0x
$302,111 $1,542 16.0x
$310,370 $1,870 14.0x
$262,897 $1,809 12.0x
$376,138 $2,246 14.0x
$268,964 $1,538 15.0x
$240,591 $1,534 13.0x
$429,126 $2,341 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Oakland County

Region Price Rent GRM Display
$223,873 $1,342 14.0x
$240,447 $1,411 14.0x
$242,693 $1,321 15.0x
$261,864 $1,205 18.0x

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
$390,205 $1,901 17.0x
$328,078 $1,844 15.0x
$282,446 $2,032 12.0x
$368,383 $1,796 17.0x
$286,574 $1,595 15.0x
$322,488 $1,357 20.0x
$306,100 $1,906 13.0x
$450,157 $1,866 20.0x
$233,773 $1,363 14.0x
$834,113 $1,716 40.0x
$316,445 $1,938 14.0x
$495,089 $1,833 22.0x
$212,350 $1,057 17.0x
$277,943 $1,470 16.0x
$550,146 $1,805 25.0x
$224,398 $1,280 15.0x
$309,201 $1,729 15.0x
$228,504 $1,292 15.0x
$239,189 $1,573 13.0x
$227,641 $1,260 15.0x
$429,163 $1,938 18.0x
$266,820 $1,599 14.0x
$227,866 $1,069 18.0x
$642,418 $1,917 28.0x
$354,767 $2,061 14.0x
$448,864 $1,787 21.0x
$292,825 $1,823 13.0x
$563,228 $1,879 25.0x
$221,726 $1,395 13.0x
$220,819 $1,238 15.0x
$253,583 $1,483 14.0x
$227,968 $1,466 13.0x
$334,248 $2,001 14.0x
$497,390 $1,889 22.0x
$202,452 $1,451 12.0x

Home prices

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Monthly rent

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GRM

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Berkley

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Trend Insights

Median Rent in Berkley, MI is $1,837, with MoM change +$15 and YoY change +$102 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 Berkley, MI.

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Metric
Base market Berkley, MI
Compare market Select a market
Delta vs base
Median rent
$1,837
N/A
Median price
$295,625
N/A
YoY change
+$102
N/A
Price-to-rent
13.4x
Data unavailable
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