Vernon, Shiawassee County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Vernon, Shiawassee County, MI

Median Home Price Price

$151,916 $151.9K

Median Monthly Rent Rent

$1,549 $1.5K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Vernon, MI is $1,549, with MoM change +$20 and YoY change +$166 pointing to positive momentum while volatility is low (std $45).

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Metric

Base market Vernon, MI

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Delta vs base

Median rent

$1,549

N/A

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Median price

$151,916

N/A

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YoY change

+$166

N/A

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Price-to-rent

8.2x

Data unavailable

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