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

Market Summary

Hamtramck, Wayne County, MI

Median Home Price Price

$163,058 $163.1K

Median Monthly Rent Rent

$1,270 $1.3K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Hamtramck, MI is $1,270, with MoM change +$12 and YoY change +$83 pointing to positive momentum while volatility is low (std $19).

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Metric

Base market Hamtramck, MI

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Delta vs base

Median rent

$1,270

N/A

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Median price

$163,058

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YoY change

+$83

N/A

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Price-to-rent

10.7x

Data unavailable

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