Market Summary

Covenant, Saginaw County, MI

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Median Home Price Price

$55,587 $55.6K

Median Monthly Rent Rent

$1,176 $1.2K

GRM

4.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Saginaw County

Region Price Rent GRM Display
$35,041 $1,070 3.0x
$33,193 $1,147 2.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Saginaw County

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
$158,176 $1,158 11.0x
$237,463 $1,282 15.0x
$215,800 $1,277 14.0x
$196,706 $1,233 13.0x
$166,183 $1,143 12.0x
$72,376 $2,044 3.0x
$185,129 $1,289 12.0x
$135,474 $1,105 10.0x
$241,521 $1,394 14.0x
$135,371 $1,143 10.0x
$141,029 $1,893 6.0x
$176,357 $1,715 9.0x
$145,273 $1,263 10.0x
$140,116 $1,208 10.0x
$176,077 $1,268 12.0x
$52,869 $1,158 4.0x

Home prices

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Monthly rent

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GRM

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Covenant

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Trend Insights

Median Rent in Covenant, MI is $1,176, with MoM change +$11 and YoY change +$66 pointing to positive momentum while volatility is low (std $15).

Benchmark Markets Side by Side

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Metric
Base market Covenant, MI
Compare market Select a market
Delta vs base
Median rent
$1,176
N/A
Median price
$55,587
N/A
YoY change
+$66
N/A
Price-to-rent
3.9x
Data unavailable
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