Castle Rouge, Wayne County, MI

Median Home Price Price

$88,569 $88.6K

Median Monthly Rent Rent

$1,478 $1.5K

5.0x

Market Snapshot

Castle Rouge, Wayne County, MI is a neighborhood market with a median home price of $88,569, a median monthly rent of $1,478, a GRM of 5.0x, and a price-to-rent ratio of 5.0.

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

Explore the data
Region Show
O'Hair Park
$75K $1.3K 5.0x
Willow Woods
$484K $1.6K 25.0x
Cadillac Heights Explore deeper
$40K $1.3K 3.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Old Everett, Ingham County, MI Explore deeper
$128K $1.3K 8.0x
Greencroft Park, Ingham County, MI Explore deeper
$130K $1.3K 8.0x
Scott Woods, Ingham County, MI
$147K $1.4K 9.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Carrollton Ridge, Baltimore City, MD
$38K $1.7K 2.0x
Franklin Gateway, Black Hawk County, IA
$66K $1.1K 5.0x
Bryn Mawr, Tulsa County, OK
$504K $1.5K 28.0x

Home prices

Monthly rent

GRM = home price / annual rent

Castle Rouge

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Benchmark comparison

Rent in Castle Rouge, MI is 14.5% higher than O'Hair Park, MI.

Compare to O'Hair Park, MI
Castle Rouge, MI
O'Hair Park, MI
Delta
Median rent
$1,478
$1,291
-$187
Median price
$88,569
$75,206
-$13,363
YoY change
+$119
+$122
+$3
Price-to-rent
5.0x
4.9x
-0.1x

Key takeaways

  • Castle Rouge, Wayne County, MI has a lower-grm screening profile: At 5.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $119 year over year.
  • Rent in Castle Rouge, MI is 14.5% higher than O'Hair Park, MI.