Michigan City, Benton County, MS

Median Home Price Price

$133,202 $133.2K

Median Monthly Rent Rent

$901 $901

12.0x

Market Snapshot

Michigan City, Benton County, MS is a city market with a median home price of $133,202, a median monthly rent of $901, a GRM of 12.0x, and a price-to-rent ratio of 12.3.

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Home prices

Monthly rent

GRM = home price / annual rent

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Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Michigan City

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Benchmark comparison

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Delta
Median rent
$901
N/A
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Median price
$133,202
N/A
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YoY change
+$64
N/A
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Price-to-rent
12.3x
Data unavailable
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Key takeaways

  • Michigan City, Benton County, MS has a lower-grm screening profile: At 12.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $64 year over year.