Manchester, Washtenaw County, MI

Median Home Price Price

$350,959 $351K

Median Monthly Rent Rent

$1,123 $1.1K

26.0x

Market Snapshot

Manchester, Washtenaw County, MI is a city market with a median home price of $350,959, a median monthly rent of $1,123, a GRM of 26.0x, and a price-to-rent ratio of 26.0.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Top recommendation Within state Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $300.3K
Rent $1.3K
GRM 20.0x
Explore the data

No similar markets found for this scope.

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Emmett, Saint Clair County, MI
$300K $1.3K 20.0x
$306K $1.1K 24.0x
$281K $1.2K 19.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$181K $985 15.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Manchester

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Benchmark comparison

Rent in Manchester, MI is 10.9% lower than Emmett, MI.

Manchester, MI
Emmett, MI
Delta
Median rent
$1,123
$1,261
+$138
Median price
$350,959
$300,306
-$50,653
YoY change
+$50
+$91
+$41
Price-to-rent
26.0x
19.8x
-6.2x

Key takeaways

  • Manchester, Washtenaw County, MI has a higher-grm screening profile: At 26.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $50 year over year.
  • Rent in Manchester, MI is 10.9% lower than Emmett, MI.