Market Summary

Gibraltar, Wayne County, MI

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Median Home Price Price

$221,946 $221.9K

Median Monthly Rent Rent

$1,350 $1.4K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

No similar markets found for this scope.

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
$201,048 $993 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
$223,151 $1,163 16.0x
$392,747 $1,180 28.0x
$181,182 $1,298 12.0x
$327,257 $1,426 19.0x
$191,205 $1,065 15.0x
$377,867 $1,204 26.0x
$368,678 $1,674 18.0x
$127,583 $1,042 10.0x
$302,122 $1,100 23.0x
$390,639 $1,137 29.0x
$245,400 $810 25.0x
$393,879 $1,156 28.0x
$223,986 $1,350 14.0x
$178,672 $1,206 12.0x
$340,744 $1,132 25.0x
$300,143 $1,230 20.0x
$409,922 $1,114 31.0x
$529,216 $1,251 35.0x
$405,665 $1,451 23.0x
$150,611 $706 18.0x
$266,178 $1,225 18.0x
$175,416 $963 15.0x
$178,696 $1,155 13.0x
$267,386 $1,159 19.0x
$280,619 $1,272 18.0x
$277,903 $1,151 20.0x
$215,131 $911 20.0x
$303,737 $1,057 24.0x
$479,521 $1,463 27.0x
$334,900 $1,157 24.0x
$293,913 $1,137 21.0x
$277,513 $1,006 23.0x
$220,077 $888 21.0x
$288,540 $1,005 24.0x
$137,937 $1,120 10.0x
$235,957 $803 24.0x
$197,499 $1,133 15.0x
$319,359 $1,541 17.0x
$356,766 $1,604 19.0x
$430,166 $1,009 35.0x
$323,227 $856 31.0x
$245,387 $1,176 17.0x

Home prices

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Monthly rent

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GRM

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Gibraltar

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Trend Insights

Median Rent in Gibraltar, MI is $1,350, with MoM change +$16 and YoY change +$119 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

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Metric
Base market Gibraltar, MI
Compare market Select a market
Delta vs base
Median rent
$1,350
N/A
Median price
$221,946
N/A
YoY change
+$119
N/A
Price-to-rent
13.7x
Data unavailable
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