Market Summary

Allen Park, Wayne County, MI

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Median Home Price Price

$196,539 $196.5K

Median Monthly Rent Rent

$1,552 $1.6K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

Region Price Rent GRM Display
Westland
$201,705 $1,413 12.0x
Rockwood
$215,772 $1,457 12.0x
Garden City
$191,896 $1,432 11.0x
Woodhaven
$251,807 $1,425 15.0x
Flat Rock
$242,693 $1,321 15.0x
Harper Woods
$145,835 $1,648 7.0x
Taylor
$168,833 $1,362 10.0x
Dearborn Heights
$201,200 $1,665 10.0x
Dearborn
$229,620 $1,667 11.0x
Wyandotte
$178,636 $1,188 13.0x
Wayne
$166,105 $1,216 11.0x
Romulus
$193,979 $1,304 12.0x
Redford
$167,357 $1,667 8.0x
Southgate
$182,771 $1,390 11.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Wayne County

Region Price Rent GRM Display
Holt, Ingham County, MI
$257,007 $1,539 14.0x
Saint Clair Shores, Macomb County, MI
$215,598 $1,628 11.0x
Linwood, Bay County, MI
$186,944 $944 17.0x
Rives Junction, Jackson County, MI
$240,238 $2,079 10.0x
Michigan Center, Jackson County, MI
$192,806 $1,602 10.0x
Jackson, Jackson County, MI
$178,369 $1,195 12.0x
Roosevelt Park, Muskegon County, MI
$227,127 $1,175 16.0x

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
New Berlin, Waukesha County, WI
$414,335 $1,652 21.0x
Archdale, Randolph County, NC
$236,228 $1,054 19.0x
Addison, DuPage County, IL
$356,728 $1,546 19.0x
Lexington, Fayette County, KY
$312,567 $1,598 16.0x
Wells, York County, ME
$560,177 $1,653 28.0x
Fruitland, Wicomico County, MD
$245,518 $1,919 11.0x
Southside, Etowah County, AL
$262,950 $995 22.0x
Powhatan, Powhatan County, VA
$453,942 $1,488 25.0x
Wauwatosa, Milwaukee County, WI
$387,763 $1,555 21.0x
Shawboro, Camden County, NC
$375,827 $1,524 21.0x
Coopersburg, Lehigh County, PA
$480,434 $1,644 24.0x
Andersonville, Anderson County, TN
$366,854 $1,607 19.0x
Cuyahoga Falls, Summit County, OH
$201,650 $1,289 13.0x
Hammond, Lake County, IN
$167,745 $1,315 11.0x
Durham, Middlesex County, CT
$471,139 $1,449 27.0x
Maple Hill, Onslow County, NC
$225,633 $1,863 10.0x
Fairless Hills, Bucks County, PA
$409,670 $1,631 21.0x
Aurora, Kane County, IL
$302,955 $2,495 10.0x
Chilhowie, Smyth County, VA
$180,368 $1,021 15.0x
Vineland, Cumberland County, NJ
$292,647 $1,493 16.0x
Bradford, Washington County, RI
$405,289 $1,538 22.0x
McSherrystown, Adams County, PA
$234,581 $1,391 14.0x
Burbank, Cook County, IL
$284,811 $1,552 15.0x
Burnham, Cook County, IL
$145,057 $1,821 7.0x
Armona, Kings County, CA
$295,219 $1,566 16.0x
Candia, Rockingham County, NH
$550,997 $1,505 30.0x
Parkville, Baltimore County, MD
$276,293 $1,890 12.0x
Sellersville, Bucks County, PA
$438,317 $1,674 22.0x
Eastlake, Lake County, OH
$195,664 $1,246 13.0x
Reading, Berks County, PA
$247,591 $1,528 13.0x
Lake Station, Lake County, IN
$150,810 $1,432 9.0x

Home prices

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Monthly rent

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GRM

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Allen Park

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Trend Insights

Median Rent in Allen Park, MI is $1,552, with MoM change +$15 and YoY change +$123 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Allen Park, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Allen Park, MI
Compare market Select a market
Delta vs base
Median rent
$1,552
N/A
—
Median price
$196,539
N/A
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YoY change
+$123
N/A
—
Price-to-rent
10.6x
Data unavailable
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