Market Summary

Southgate, Wayne County, MI

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Median Home Price Price

$182,771 $182.8K

Median Monthly Rent Rent

$1,390 $1.4K

GRM

11.0x

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
$178,636 $1,188 13.0x
$201,705 $1,413 12.0x
$168,833 $1,362 10.0x
$143,871 $1,251 10.0x
$228,673 $1,351 14.0x
$166,105 $1,216 11.0x
$196,539 $1,552 11.0x
$242,693 $1,321 15.0x
$191,896 $1,432 11.0x
$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
$178,369 $1,195 12.0x

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
$260,778 $1,416 15.0x
$223,602 $1,373 14.0x
$245,518 $1,919 11.0x
$351,154 $1,389 21.0x
$266,876 $1,340 17.0x
$227,866 $1,069 18.0x
$187,764 $1,346 12.0x
$286,487 $955 25.0x
$234,581 $1,391 14.0x
$245,577 $1,339 15.0x
$314,830 $1,438 18.0x
$349,160 $1,424 20.0x
$302,955 $2,495 10.0x
$218,285 $1,629 11.0x
$277,268 $1,341 17.0x
$142,087 $1,141 10.0x
$144,315 $1,091 11.0x
$213,122 $1,331 13.0x
$261,915 $1,363 16.0x
$212,664 $1,375 13.0x
$236,228 $1,054 19.0x
$329,786 $2,288 12.0x
$262,372 $1,238 18.0x
$366,846 $1,532 20.0x
$191,336 $1,318 12.0x
$197,304 $897 18.0x
$219,598 $1,342 14.0x
$270,841 $1,357 17.0x
$227,536 $1,345 14.0x
$370,073 $1,421 22.0x
$121,541 $1,235 8.0x

Home prices

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Monthly rent

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GRM

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Southgate

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Trend Insights

Median Rent in Southgate, MI is $1,390, with MoM change +$13 and YoY change +$104 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

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

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Metric
Base market Southgate, MI
Compare market Select a market
Delta vs base
Median rent
$1,390
N/A
Median price
$182,771
N/A
YoY change
+$104
N/A
Price-to-rent
11.0x
Data unavailable
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