Market Summary

Lincoln Park, Wayne County, MI

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Median Home Price Price

$143,871 $143.9K

Median Monthly Rent Rent

$1,251 $1.3K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

Region Price Rent GRM Display
$168,833 $1,362 10.0x
$178,636 $1,188 13.0x
$196,539 $1,552 11.0x
$182,771 $1,390 11.0x
$191,896 $1,432 11.0x
$167,357 $1,667 8.0x
$166,105 $1,216 11.0x
$145,835 $1,648 7.0x
$201,200 $1,665 10.0x

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
$155,812 $1,193 11.0x
$178,369 $1,195 12.0x
$271,460 $1,221 19.0x
$226,243 $1,309 14.0x
$145,165 $1,210 10.0x
$352,221 $1,281 23.0x

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
$184,747 $1,348 11.0x
$179,792 $1,187 13.0x
$138,477 $1,299 9.0x
$129,282 $724 15.0x
$308,613 $1,308 20.0x
$316,836 $1,479 18.0x
$280,604 $1,255 19.0x
$142,087 $1,141 10.0x
$341,117 $1,153 25.0x
$330,630 $1,301 21.0x
$298,715 $1,223 20.0x
$338,880 $1,278 22.0x
$94,665 $1,027 8.0x
$172,579 $977 15.0x
$251,492 $1,176 18.0x
$169,503 $1,154 12.0x
$138,275 $1,136 10.0x
$406,773 $1,311 26.0x
$143,030 $1,040 11.0x
$146,812 $1,076 11.0x
$228,550 $1,093 17.0x
$218,423 $1,229 15.0x

Home prices

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Monthly rent

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GRM

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Lincoln Park

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Trend Insights

Median Rent in Lincoln Park, MI is $1,251, with MoM change +$12 and YoY change +$96 pointing to positive momentum while volatility is low (std $24).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lincoln Park, MI.

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Metric
Base market Lincoln Park, MI
Compare market Select a market
Delta vs base
Median rent
$1,251
N/A
Median price
$143,871
N/A
YoY change
+$96
N/A
Price-to-rent
9.6x
Data unavailable
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