Market Summary

Madison Area, Kent County, MI

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Median Home Price Price

$190,937 $190.9K

Median Monthly Rent Rent

$1,565 $1.6K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kent County

Region Price Rent GRM Display
$204,009 $1,560 11.0x
$203,823 $1,401 12.0x
$188,080 $1,532 10.0x
$238,902 $1,530 13.0x
$234,067 $1,553 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Kent County

Region Price Rent GRM Display

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
$251,605 $1,561 13.0x
$287,910 $1,801 13.0x
$903,211 $1,764 43.0x
$259,359 $1,845 12.0x
$295,123 $2,557 10.0x
$233,990 $1,770 11.0x
$258,621 $1,702 13.0x
$231,469 $1,833 11.0x
$289,835 $1,700 14.0x
$194,595 $1,515 11.0x
$329,205 $1,511 18.0x
$167,748 $1,393 10.0x
$903,327 $1,495 50.0x
$242,867 $1,821 11.0x
$232,758 $1,596 12.0x
$299,420 $1,718 15.0x
$214,006 $1,791 10.0x
$318,511 $1,691 16.0x
$193,409 $1,433 11.0x

Home prices

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Monthly rent

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GRM

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Madison Area

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Trend Insights

Median Rent in Madison Area, MI is $1,565, with MoM change +$18 and YoY change +$163 pointing to positive momentum while volatility is low (std $44).

Benchmark Markets Side by Side

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

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Metric
Base market Madison Area, MI
Compare market Select a market
Delta vs base
Median rent
$1,565
N/A
Median price
$190,937
N/A
YoY change
+$163
N/A
Price-to-rent
10.2x
Data unavailable
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