Farmington, Oakland County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Farmington, Oakland County, MI

Median Home Price Price

$310,370 $310.4K

Median Monthly Rent Rent

$1,870 $1.9K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Farmington, MI is $1,870, with MoM change +$18 and YoY change +$125 pointing to positive momentum while volatility is low (std $30).

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Metric

Base market Farmington, MI

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Delta vs base

Median rent

$1,870

N/A

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Median price

$310,370

N/A

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YoY change

+$125

N/A

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Price-to-rent

13.8x

Data unavailable

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