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

Market Summary

Dearborn, Wayne County, MI

Median Home Price Price

$229,620 $229.6K

Median Monthly Rent Rent

$1,667 $1.7K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Dearborn, MI is $1,667, with MoM change +$19 and YoY change +$149 pointing to positive momentum while volatility is low (std $39).

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Metric

Base market Dearborn, MI

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Delta vs base

Median rent

$1,667

N/A

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Median price

$229,620

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YoY change

+$149

N/A

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Price-to-rent

11.5x

Data unavailable

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