Market Summary

Ann Arbor, Washtenaw County, MI

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Median Home Price Price

$493,394 $493.4K

Median Monthly Rent Rent

$2,040 $2K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Washtenaw County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Washtenaw County

Region Price Rent GRM Display
$443,070 $2,225 17.0x
$459,865 $1,982 19.0x
$261,864 $1,205 18.0x

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
$421,886 $2,401 15.0x
$360,385 $2,004 15.0x
$319,502 $1,351 20.0x
$401,670 $2,066 16.0x
$344,369 $1,371 21.0x
$404,553 $1,973 17.0x
$308,813 $1,401 18.0x
$431,801 $1,286 28.0x
$383,973 $1,529 21.0x
$330,311 $1,356 20.0x
$284,983 $1,290 18.0x
$371,521 $2,098 15.0x
$409,183 $1,863 18.0x
$322,129 $1,538 17.0x
$410,351 $2,145 16.0x
$333,262 $1,525 18.0x
$419,965 $1,273 27.0x
$465,646 $1,913 20.0x
$424,158 $1,822 19.0x
$303,504 $1,738 15.0x
$316,466 $1,350 20.0x
$412,821 $1,740 20.0x
$412,069 $1,940 18.0x
$373,544 $1,867 17.0x
$254,422 $1,226 17.0x
$455,506 $1,957 19.0x
$298,301 $1,942 13.0x
$310,047 $1,218 21.0x
$384,311 $2,046 16.0x
$531,668 $1,857 24.0x
$245,051 $1,120 18.0x
$350,225 $2,054 14.0x
$397,458 $2,031 16.0x
$339,855 $1,975 14.0x
$394,317 $2,159 15.0x
$330,427 $1,882 15.0x
$258,512 $1,059 20.0x
$526,330 $1,878 23.0x
$257,825 $1,361 16.0x
$413,419 $2,566 13.0x
$266,077 $1,234 18.0x

Home prices

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Monthly rent

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GRM

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Ann Arbor

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Trend Insights

Median Rent in Ann Arbor, MI is $2,040, with MoM change +$20 and YoY change +$140 pointing to positive momentum while volatility is low (std $34).

Benchmark Markets Side by Side

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Metric
Base market Ann Arbor, MI
Compare market Select a market
Delta vs base
Median rent
$2,040
N/A
Median price
$493,394
N/A
YoY change
+$140
N/A
Price-to-rent
20.2x
Data unavailable
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