Market Summary

Commerce Township, Oakland County, MI

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Median Home Price Price

$376,138 $376.1K

Median Monthly Rent Rent

$2,246 $2.2K

GRM

14.0x

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
$368,257 $1,923 16.0x
$429,126 $2,341 15.0x
$431,825 $2,482 14.0x
$402,392 $1,727 19.0x
$443,070 $2,225 17.0x
$295,625 $1,837 13.0x
$377,845 $1,404 22.0x

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
$243,606 $1,558 13.0x
$338,601 $1,660 17.0x
$283,915 $1,462 16.0x

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
$367,022 $2,177 14.0x
$289,921 $1,182 20.0x
$420,227 $2,211 16.0x
$349,596 $1,231 24.0x
$410,351 $2,145 16.0x
$320,980 $1,422 19.0x
$286,381 $1,576 15.0x
$296,139 $1,977 12.0x
$215,409 $1,059 17.0x
$371,521 $2,098 15.0x
$322,932 $1,715 16.0x
$467,803 $2,430 16.0x
$356,252 $2,022 15.0x
$243,105 $1,081 19.0x
$533,534 $2,259 20.0x
$328,217 $1,453 19.0x
$709,481 $2,485 24.0x
$275,731 $1,274 18.0x
$266,820 $1,599 14.0x
$371,983 $2,226 14.0x
$266,077 $1,234 18.0x
$431,469 $2,165 17.0x
$285,335 $1,344 18.0x
$377,015 $2,153 15.0x
$306,071 $1,034 25.0x
$714,312 $2,261 26.0x
$383,310 $2,075 15.0x
$243,624 $1,342 15.0x
$394,317 $2,159 15.0x
$289,418 $2,115 11.0x
$278,394 $1,190 19.0x
$1,347,342 $2,269 49.0x
$266,389 $1,503 15.0x
$327,203 $2,170 13.0x

Home prices

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Monthly rent

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GRM

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Commerce Township

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Trend Insights

Median Rent in Commerce Township, MI is $2,246, with MoM change +$22 and YoY change +$145 pointing to positive momentum while volatility is low (std $35).

Benchmark Markets Side by Side

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

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Metric
Base market Commerce Township, MI
Compare market Select a market
Delta vs base
Median rent
$2,246
N/A
Median price
$376,138
N/A
YoY change
+$145
N/A
Price-to-rent
14.0x
Data unavailable
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