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

Market Summary

Franklin, Oakland County, MI

Median Home Price Price

$819,479 $819.5K

Median Monthly Rent Rent

$2,559 $2.6K

GRM

27.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Franklin, MI is $2,559, with MoM change +$28 and YoY change +$220 pointing to positive momentum while volatility is low (std $56).

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Metric

Base market Franklin, MI

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Delta vs base

Median rent

$2,559

N/A

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Median price

$819,479

N/A

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YoY change

+$220

N/A

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Price-to-rent

26.7x

Data unavailable

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