Market Summary

Westland, Wayne County, MI

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Median Home Price Price

$201,705 $201.7K

Median Monthly Rent Rent

$1,413 $1.4K

GRM

12.0x

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
$196,539 $1,552 11.0x
$182,771 $1,390 11.0x
$178,636 $1,188 13.0x
$201,200 $1,665 10.0x
$229,809 $1,363 14.0x
$251,807 $1,425 15.0x
$228,673 $1,351 14.0x
$191,896 $1,432 11.0x
$242,693 $1,321 15.0x
$294,297 $1,633 15.0x
$193,979 $1,304 12.0x
$229,620 $1,667 11.0x
$168,833 $1,362 10.0x
$215,772 $1,457 12.0x

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
$186,944 $944 17.0x
$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
$236,228 $1,054 19.0x
$314,830 $1,438 18.0x
$349,160 $1,424 20.0x
$245,518 $1,919 11.0x
$187,764 $1,346 12.0x
$277,268 $1,341 17.0x
$234,581 $1,391 14.0x
$223,602 $1,373 14.0x
$231,025 $1,206 16.0x
$356,991 $1,453 20.0x
$316,846 $1,411 19.0x
$227,536 $1,345 14.0x
$309,986 $2,307 11.0x
$302,955 $2,495 10.0x
$288,593 $1,424 17.0x
$329,786 $2,288 12.0x
$195,664 $1,246 13.0x
$300,480 $2,004 13.0x
$316,881 $1,456 18.0x
$334,248 $2,001 14.0x
$213,122 $1,331 13.0x
$219,598 $1,342 14.0x
$277,943 $1,470 16.0x
$191,336 $1,318 12.0x
$179,792 $1,187 13.0x
$266,876 $1,340 17.0x

Home prices

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Monthly rent

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GRM

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Westland

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Trend Insights

Median Rent in Westland, MI is $1,413, with MoM change +$13 and YoY change +$103 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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

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Metric
Base market Westland, MI
Compare market Select a market
Delta vs base
Median rent
$1,413
N/A
Median price
$201,705
N/A
YoY change
+$103
N/A
Price-to-rent
11.9x
Data unavailable
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