Market Summary

Lake Forest, Washtenaw County, MI

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Median Home Price Price

$661,943 $661.9K

Median Monthly Rent Rent

$1,682 $1.7K

GRM

33.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Washtenaw County

Region Price Rent GRM Display
$442,170 $1,759 21.0x
$641,102 $1,678 32.0x
$722,076 $1,692 36.0x
$482,914 $1,717 23.0x
$426,361 $1,693 21.0x
$795,562 $1,699 39.0x
$504,224 $1,738 24.0x
$568,048 $2,240 21.0x
$388,695 $1,720 19.0x
$416,878 $1,730 20.0x
$465,722 $1,685 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Washtenaw 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
$702,204 $1,896 31.0x
$272,523 $1,668 14.0x
$547,226 $1,667 27.0x
$515,831 $1,527 28.0x
$423,388 $1,278 28.0x
$708,141 $2,098 28.0x
$335,569 $1,636 17.0x
$469,631 $1,422 27.0x
$561,956 $2,018 23.0x
$353,231 $1,651 18.0x
$744,490 $1,973 31.0x

Home prices

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Monthly rent

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GRM

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Lake Forest

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Trend Insights

Median Rent in Lake Forest, MI is $1,682, with MoM change +$18 and YoY change +$125 pointing to positive momentum while volatility is low (std $31).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Lake Forest, MI.

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Metric
Base market Lake Forest, MI
Compare market Select a market
Delta vs base
Median rent
$1,682
N/A
Median price
$661,943
N/A
YoY change
+$125
N/A
Price-to-rent
32.8x
Data unavailable
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