Market Summary

Dearborn Heights, Wayne County, MI

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Median Home Price Price

$201,200 $201.2K

Median Monthly Rent Rent

$1,665 $1.7K

GRM

10.0x

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
Dearborn
$229,620 $1,667 11.0x
Garden City
$191,896 $1,432 11.0x
Allen Park
$196,539 $1,552 11.0x
Wayne
$166,105 $1,216 11.0x
Flat Rock
$242,693 $1,321 15.0x
Wyandotte
$178,636 $1,188 13.0x
Taylor
$168,833 $1,362 10.0x
Romulus
$193,979 $1,304 12.0x
Southgate
$182,771 $1,390 11.0x
Woodhaven
$251,807 $1,425 15.0x
Trenton
$228,673 $1,351 14.0x
Westland
$201,705 $1,413 12.0x
Redford
$167,357 $1,667 8.0x

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
Michigan Center, Jackson County, MI
$192,806 $1,602 10.0x
Mason, Ingham County, MI
$262,300 $1,455 15.0x
Holt, Ingham County, MI
$257,007 $1,539 14.0x
Jackson, Jackson County, MI
$178,369 $1,195 12.0x
Linwood, Bay County, MI
$186,944 $944 17.0x

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
Norton, Summit County, OH
$228,428 $1,289 15.0x
Womelsdorf, Berks County, PA
$295,795 $1,705 14.0x
Oakland, Bergen County, NJ
$701,528 $1,737 34.0x
Fortville, Hancock County, IN
$292,825 $1,823 13.0x
Rio Grande, Cape May County, NJ
$406,336 $1,638 21.0x
Erie, Erie County, PA
$187,470 $1,088 14.0x
North Kingstown, Washington County, RI
$624,654 $1,567 33.0x
Shiloh, Camden County, NC
$332,746 $1,564 18.0x
Fruitland, Wicomico County, MD
$245,518 $1,919 11.0x
Mooresville, Morgan County, IN
$297,906 $1,292 19.0x
Pembroke, Merrimack County, NH
$444,600 $1,665 22.0x
Bensenville, DuPage County, IL
$324,184 $1,743 16.0x
Hammond, Lake County, IN
$167,745 $1,315 11.0x
Rensselaer, Rensselaer County, NY
$293,851 $1,715 14.0x
Lake Station, Lake County, IN
$150,810 $1,432 9.0x
Van Wert, Van Wert County, OH
$169,886 $991 14.0x
Barberton, Summit County, OH
$144,315 $1,091 11.0x
Des Plaines, Cook County, IL
$317,137 $1,555 17.0x
South Charleston, Kanawha County, WV
$160,546 $1,145 12.0x
Ledyard, New London County, CT
$374,647 $1,595 20.0x
Camden, Camden County, NC
$368,864 $1,581 19.0x
Findlay, Hancock County, OH
$231,025 $1,206 16.0x
Levant, Penobscot County, ME
$307,908 $1,695 15.0x
Archdale, Randolph County, NC
$236,228 $1,054 19.0x
Hill, Merrimack County, NH
$382,566 $1,668 19.0x
Whitehall, Franklin County, OH
$191,336 $1,318 12.0x
Walpole, Cheshire County, NH
$428,194 $1,541 23.0x
Fox River Grove, McHenry County, IL
$332,532 $2,716 10.0x
Fox Lake, Lake County, IL
$234,325 $1,562 13.0x
Parkville, Baltimore County, MD
$276,293 $1,890 12.0x
Lititz, Lancaster County, PA
$433,860 $1,776 20.0x
Akron, Summit County, OH
$130,805 $1,181 9.0x
Ashland, Ashland County, OH
$215,190 $1,107 16.0x
Brookfield, Cook County, IL
$316,020 $1,755 15.0x
Gering, Scotts Bluff County, NE
$200,170 $1,015 16.0x
Batavia, Kane County, IL
$427,077 $1,695 21.0x
Aurora, Kane County, IL
$302,955 $2,495 10.0x

Home prices

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Monthly rent

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GRM

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Dearborn Heights

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Trend Insights

Median Rent in Dearborn Heights, MI is $1,665, with MoM change +$19 and YoY change +$147 pointing to positive momentum while volatility is low (std $38).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Dearborn Heights, MI.

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Metric
Base market Dearborn Heights, MI
Compare market Select a market
Delta vs base
Median rent
$1,665
N/A
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Median price
$201,200
N/A
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YoY change
+$147
N/A
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Price-to-rent
10.1x
Data unavailable
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