Market Summary
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Median Home Price Price
Median Monthly Rent Rent
GRM
GRM = Median Home Price divided by annual rent.
Price = Median Home Price.
Rent = Median Monthly Rent.
Flat Rock, Wayne County, MI is a city market with a median home price of $242,693, a median monthly rent of $1,321, a GRM of 15.0x, and a price-to-rent ratio of 15.3.
Use these related city markets as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.
Similar markets within MI outside of Wayne County
Similar markets outside of MI
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Median Rent in Flat Rock, MI is $1,321, with MoM change +$12 and YoY change +$87 pointing to positive momentum while volatility is low (std $21).
Search a market to benchmark rent, price, YoY, and price-to-rent against Flat Rock, MI.
TwinMarket currently shows a median home price of $242,693 for Flat Rock, Wayne County, MI.
The current TwinMarket market snapshot lists median monthly rent at $1,321 in Flat Rock, Wayne County, MI.
TwinMarket currently shows a GRM of 15.0x in Flat Rock, Wayne County, MI. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.
Comparable markets currently surfaced on TwinMarket for Flat Rock, Wayne County, MI include Woodhaven, Wayne County, MI, Trenton, Wayne County, MI, Southgate, Wayne County, MI. Open those pages to compare price, rent, GRM, and recent trend context side by side.
The market data shown on this page was last updated on April 8, 2026.