Canton, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Canton, Wayne County, MI

Median Home Price Price

$386,821 $386.8K

Median Monthly Rent Rent

$1,823 $1.8K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Canton, MI is $1,823, with MoM change +$16 and YoY change +$116 pointing to positive momentum while volatility is low (std $28).

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Metric

Base market Canton, MI

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Delta vs base

Median rent

$1,823

N/A

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Median price

$386,821

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YoY change

+$116

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Price-to-rent

17.7x

Data unavailable

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