Arden Park, Wayne County, MI

Median Home Price Price

$421,920 $421.9K

Median Monthly Rent Rent

$1,308 $1.3K

27.0x

Market Snapshot

Arden Park, Wayne County, MI is a neighborhood market with a median home price of $421,920, a median monthly rent of $1,308, a GRM of 27.0x, and a price-to-rent ratio of 26.9.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

02 Gratiot Woods, Wayne County, MI
Nearby alternative Lower GRM Lower price Similar rent
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Price $43.7K
Rent $1.3K
GRM 3.0x
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Virginia Park
$214K $1.1K 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Grand Traverse District, Genesee County, MI
$48K $963 4.0x
Bel-Air Woods, Genesee County, MI
$51K $1.0K 4.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Sunstream Village, Monterey County, CA
$599K $2.9K 17.0x
Homestead, Monterey County, CA
$636K $2.9K 19.0x
Three Chopt, Richmond City, VA
$671K $2.2K 25.0x

Home prices

Monthly rent

GRM = home price / annual rent

Arden Park

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Benchmark comparison

Compare Arden Park, MI to another market.

Compare to North End, MI
Arden Park, MI
North End, MI
Delta
Median rent
$1,308
N/A
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Median price
$421,920
N/A
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YoY change
+$53
N/A
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Price-to-rent
26.9x
Data unavailable
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Key takeaways

  • Arden Park, Wayne County, MI has a higher-grm screening profile: At 27.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $53 year over year.
  • Next discovery step: compare North End, Wayne County, MI from the Same county set.