Market Summary

Spring Lake, Ottawa County, MI

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Median Home Price Price

$394,688 $394.7K

Median Monthly Rent Rent

$1,506 $1.5K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Ottawa County

Region Price Rent GRM Display
Holland
$343,948 $1,423 20.0x
Hudsonville
$396,263 $1,586 21.0x
Allendale
$377,617 $1,316 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Ottawa County

Region Price Rent GRM Display
Metamora, Lapeer County, MI
$382,682 $1,520 21.0x
Goetzville, Chippewa County, MI
$157,088 $939 14.0x
Bath, Clinton County, MI
$323,167 $1,534 17.0x
Shelby Township, Macomb County, MI
$384,472 $1,396 23.0x
Mason, Ingham County, MI
$262,300 $1,455 15.0x
Brighton, Livingston County, MI
$411,791 $1,572 22.0x
Oakland, Oakland County, MI
$611,233 $1,413 36.0x
Howell, Livingston County, MI
$358,214 $1,575 19.0x

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
Falling Waters, Berkeley County, WV
$300,852 $1,521 16.0x
Clifton, Iroquois County, IL
$201,114 $999 17.0x
Millerstown, Perry County, PA
$286,495 $1,045 23.0x
Montezuma, Poweshiek County, IA
$252,851 $992 21.0x
Maple, Currituck County, NC
$382,309 $1,473 22.0x
Waco, York County, NE
$166,507 $882 16.0x
Davis, Stephenson County, IL
$246,793 $1,216 17.0x
Wamego, Pottawatomie County, KS
$278,550 $1,051 22.0x
Fort Jennings, Putnam County, OH
$265,645 $921 24.0x
Kearney, Buffalo County, NE
$300,284 $1,165 21.0x
Perham, Otter Tail County, MN
$339,292 $1,059 27.0x
Troy, Rensselaer County, NY
$274,105 $1,417 16.0x
Northampton, Hampshire County, MA
$463,579 $1,834 21.0x
Prospect, Oldham County, KY
$583,121 $2,392 20.0x
Montfort, Grant County, WI
$220,792 $1,159 16.0x
Deerfield, Dane County, WI
$391,472 $1,470 22.0x
Stratton, Kit Carson County, CO
$200,421 $2,167 8.0x
Holmen, La Crosse County, WI
$392,498 $1,399 23.0x
Saint Marys, Pottawatomie County, KS
$261,377 $1,070 20.0x
Clements, Saint Marys County, MD
$446,303 $1,525 24.0x
Toano, James City County, VA
$442,259 $1,677 22.0x
Union City, Randolph County, IN
$123,525 $728 14.0x
Independence, Hennepin County, MN
$752,805 $1,543 41.0x
Northport, Tuscaloosa County, AL
$258,345 $1,116 19.0x
Saint Joseph, Champaign County, IL
$261,009 $1,163 19.0x
Saint James, Suffolk County, NY
$681,882 $2,899 20.0x
Mentor, Polk County, MN
$312,375 $893 29.0x
Voorheesville, Albany County, NY
$398,883 $1,436 23.0x
Bridgeville, Sussex County, DE
$344,413 $1,228 23.0x
Fruita, Mesa County, CO
$461,211 $1,673 23.0x
Hartfield, Middlesex County, VA
$362,427 $1,421 21.0x
Pasadena Hills, Saint Louis County, MO
$253,741 $1,145 18.0x
Stevens Point, Portage County, WI
$255,344 $1,202 18.0x
Carson, Dinwiddie County, VA
$325,607 $1,517 18.0x
Onalaska, La Crosse County, WI
$341,438 $1,366 21.0x
Fremont, Mahaska County, IA
$158,750 $953 14.0x
Kasson, Dodge County, MN
$309,706 $1,282 20.0x
Farmland, Randolph County, IN
$163,222 $1,066 13.0x
Richton Park, Cook County, IL
$204,487 $1,542 11.0x
Eudora, Douglas County, KS
$315,014 $1,475 18.0x
Orangeville, Stephenson County, IL
$179,339 $956 16.0x
Wind Point, Racine County, WI
$402,614 $1,459 23.0x
Greencastle, Franklin County, PA
$306,772 $1,170 22.0x

Home prices

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Monthly rent

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GRM

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Spring Lake

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Trend Insights

Median Rent in Spring Lake, MI is $1,506, with MoM change +$14 and YoY change +$100 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Spring Lake, MI.

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Metric
Base market Spring Lake, MI
Compare market Select a market
Delta vs base
Median rent
$1,506
N/A
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Median price
$394,688
N/A
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YoY change
+$100
N/A
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Price-to-rent
21.8x
Data unavailable
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