Chelsea, Washtenaw County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Chelsea, Washtenaw County, MI

Median Home Price Price

$393,549 $393.5K

Median Monthly Rent Rent

$1,923 $1.9K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Chelsea, MI is $1,923, with MoM change +$11 and YoY change +$52 pointing to positive momentum while volatility is low (std $11).

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Metric

Base market Chelsea, MI

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Delta vs base

Median rent

$1,923

N/A

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Median price

$393,549

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YoY change

+$52

N/A

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Price-to-rent

17.1x

Data unavailable

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