Grosse Ile, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Grosse Ile, Wayne County, MI

Median Home Price Price

$368,302 $368.3K

Median Monthly Rent Rent

$1,727 $1.7K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Grosse Ile, MI is $1,727, with MoM change +$19 and YoY change +$139 pointing to positive momentum while volatility is low (std $35).

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Metric

Base market Grosse Ile, MI

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Delta vs base

Median rent

$1,727

N/A

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Median price

$368,302

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YoY change

+$139

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Price-to-rent

17.8x

Data unavailable

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