Market Summary

Melrose, Johnson County, IA

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Median Home Price Price

$372,494 $372.5K

Median Monthly Rent Rent

$1,273 $1.3K

GRM

25.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Johnson County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Johnson County

Region Price Rent GRM Display
$264,010 $1,182 19.0x
$154,524 $1,190 11.0x
$187,051 $1,220 13.0x
$311,191 $1,294 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$392,902 $1,469 22.0x
$157,545 $1,068 12.0x
$459,323 $1,819 21.0x
$254,831 $1,184 18.0x
$470,085 $1,532 26.0x
$507,181 $1,475 29.0x
$173,572 $1,171 12.0x
$765,504 $2,458 26.0x
$332,733 $1,271 22.0x
$540,727 $1,694 27.0x
$204,913 $1,257 14.0x
$246,729 $1,189 17.0x
$242,339 $1,203 17.0x
$445,371 $1,466 25.0x
$397,232 $1,599 21.0x
$138,395 $1,104 10.0x
$479,513 $1,595 25.0x
$152,489 $1,194 11.0x
$298,341 $1,313 19.0x
$430,539 $1,549 23.0x
$200,385 $1,207 14.0x
$482,598 $1,459 28.0x
$267,449 $1,199 19.0x
$335,231 $1,278 22.0x

Home prices

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Monthly rent

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GRM

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Melrose

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Trend Insights

Median Rent in Melrose, IA is $1,273, with MoM change +$14 and YoY change +$101 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 Melrose, IA.

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Metric
Base market Melrose, IA
Compare market Select a market
Delta vs base
Median rent
$1,273
N/A
Median price
$372,494
N/A
YoY change
+$101
N/A
Price-to-rent
24.4x
Data unavailable
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