Market Summary

Merle Hay, Polk County, IA

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Median Home Price Price

$207,556 $207.6K

Median Monthly Rent Rent

$1,421 $1.4K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Polk County

Region Price Rent GRM Display
$241,180 $1,339 15.0x
$205,888 $1,391 12.0x
$273,794 $1,313 17.0x
$203,622 $1,347 13.0x
$217,833 $1,301 14.0x
$294,294 $1,296 19.0x
$199,188 $1,322 13.0x
$295,433 $1,401 18.0x
$210,082 $1,428 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Polk 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 outside of IA

Region Price Rent GRM Display
$256,528 $1,439 15.0x
$218,170 $1,331 14.0x
$205,637 $1,340 13.0x
$285,536 $1,454 16.0x
$197,741 $1,374 12.0x
$248,653 $1,217 17.0x
$271,228 $1,636 14.0x
$270,732 $1,573 14.0x
$268,088 $1,481 15.0x
$224,259 $1,345 14.0x
$302,391 $2,137 12.0x
$192,052 $1,190 13.0x
$199,308 $1,398 12.0x
$249,523 $1,867 11.0x
$258,802 $1,431 15.0x
$223,060 $1,247 15.0x
$526,673 $1,405 31.0x
$202,825 $1,306 13.0x
$237,497 $1,390 14.0x
$195,045 $1,477 11.0x
$314,160 $2,086 13.0x
$234,067 $1,553 13.0x
$247,003 $1,916 11.0x

Home prices

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Monthly rent

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GRM

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Merle Hay

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Trend Insights

Median Rent in Merle Hay, IA is $1,421, with MoM change +$13 and YoY change +$88 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Merle Hay, IA.

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Metric
Base market Merle Hay, IA
Compare market Select a market
Delta vs base
Median rent
$1,421
N/A
Median price
$207,556
N/A
YoY change
+$88
N/A
Price-to-rent
12.2x
Data unavailable
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