River Rouge, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

River Rouge, Wayne County, MI

Median Home Price Price

$78,805 $78.8K

Median Monthly Rent Rent

$1,014 $1K

GRM

6.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in River Rouge, MI is $1,014, with MoM change +$14 and YoY change +$111 pointing to positive momentum while volatility is low (std $28).

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Metric

Base market River Rouge, MI

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Delta vs base

Median rent

$1,014

N/A

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Median price

$78,805

N/A

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YoY change

+$111

N/A

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Price-to-rent

6.5x

Data unavailable

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