Market Summary

Oak Park, Grand Traverse County, MI

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Median Home Price Price

$441,903 $441.9K

Median Monthly Rent Rent

$1,564 $1.6K

GRM

24.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Grand Traverse County

Region Price Rent GRM Display
$318,393 $1,596 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Grand Traverse 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 MI

Region Price Rent GRM Display
$279,119 $1,596 15.0x
$491,673 $1,878 22.0x
$617,351 $2,154 24.0x
$508,884 $1,819 23.0x
$717,972 $2,402 25.0x
$456,692 $2,028 19.0x
$503,285 $2,117 20.0x
$340,642 $1,577 18.0x
$611,946 $1,913 27.0x
$323,842 $1,473 18.0x
$306,908 $1,458 18.0x
$671,790 $2,415 23.0x
$508,673 $1,846 23.0x
$226,569 $1,572 12.0x
$619,195 $2,292 22.0x
$299,518 $1,469 17.0x
$374,685 $2,121 15.0x
$257,893 $1,446 15.0x
$740,791 $1,701 36.0x
$444,508 $1,912 19.0x
$534,381 $1,873 24.0x
$291,194 $1,657 15.0x
$506,351 $1,715 25.0x
$880,344 $1,849 40.0x
$607,274 $2,194 23.0x

Home prices

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Monthly rent

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GRM

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Oak Park

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Trend Insights

Median Rent in Oak Park, MI is $1,564, with MoM change +$6 and YoY change +$51 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

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

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Metric
Base market Oak Park, MI
Compare market Select a market
Delta vs base
Median rent
$1,564
N/A
Median price
$441,903
N/A
YoY change
+$51
N/A
Price-to-rent
23.5x
Data unavailable
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