Chesterfield, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Chesterfield, Wayne County, MI

Median Home Price Price

$140,995 $141K

Median Monthly Rent Rent

$1,677 $1.7K

GRM

7.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Chesterfield, MI is $1,677, with MoM change +$17 and YoY change +$111 pointing to positive momentum while volatility is low (std $26).

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Metric

Base market Chesterfield, MI

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Delta vs base

Median rent

$1,677

N/A

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Median price

$140,995

N/A

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YoY change

+$111

N/A

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Price-to-rent

7.0x

Data unavailable

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