Market Summary

Shangrai La, Kent County, MI

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Median Home Price Price

$282,744 $282.7K

Median Monthly Rent Rent

$1,542 $1.5K

GRM

15.0x

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
$257,827 $1,486 14.0x
$291,320 $1,586 15.0x
$325,375 $1,541 18.0x
$308,030 $1,553 17.0x
$271,228 $1,636 14.0x

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

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
$268,361 $1,489 15.0x
$523,574 $1,434 30.0x
$283,602 $1,755 13.0x
$272,933 $1,718 13.0x
$354,355 $1,291 23.0x
$258,977 $1,620 13.0x
$224,298 $1,524 12.0x
$124,048 $1,213 9.0x
$235,845 $1,551 13.0x
$236,611 $1,450 14.0x
$262,478 $1,516 14.0x
$284,613 $1,479 16.0x
$366,864 $1,796 17.0x
$296,943 $1,555 16.0x
$229,363 $1,433 13.0x
$318,938 $1,817 15.0x
$283,654 $1,565 15.0x
$386,501 $1,646 20.0x
$347,946 $1,469 20.0x
$371,156 $1,522 20.0x
$214,127 $1,442 12.0x
$262,060 $2,956 7.0x
$307,204 $1,484 17.0x

Home prices

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Monthly rent

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GRM

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Shangrai-La

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Trend Insights

Median Rent in Shangrai-La, MI is $1,542, with MoM change +$16 and YoY change +$117 pointing to positive momentum while volatility is low (std $29).

Benchmark Markets Side by Side

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Metric
Base market Shangrai-La, MI
Compare market Select a market
Delta vs base
Median rent
$1,542
N/A
Median price
$282,744
N/A
YoY change
+$117
N/A
Price-to-rent
15.3x
Data unavailable
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