Market Summary

Coventry Gardens, Wayne County, MI

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Median Home Price Price

$336,712 $336.7K

Median Monthly Rent Rent

$1,501 $1.5K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wayne County

Region Price Rent GRM Display
$476,122 $1,648 24.0x
$325,785 $1,595 17.0x
$186,066 $1,443 11.0x
$243,174 $1,622 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Wayne County

Region Price Rent GRM Display
$250,089 $1,407 15.0x
$186,197 $1,392 11.0x

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
$255,246 $1,475 14.0x
$323,404 $1,344 20.0x
$336,283 $1,457 19.0x
$218,951 $1,775 10.0x
$212,146 $1,319 13.0x
$196,403 $1,367 12.0x
$372,775 $1,624 19.0x
$211,865 $1,344 13.0x
$160,023 $1,160 11.0x
$194,945 $1,354 12.0x
$318,511 $1,691 16.0x
$287,424 $1,287 19.0x
$167,522 $1,405 10.0x
$174,129 $1,321 11.0x
$314,815 $1,950 13.0x
$249,300 $1,417 15.0x
$226,338 $1,684 11.0x

Home prices

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Monthly rent

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GRM

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Coventry Gardens

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Trend Insights

Median Rent in Coventry Gardens, MI is $1,501, with MoM change +$16 and YoY change +$127 pointing to positive momentum while volatility is low (std $32).

Benchmark Markets Side by Side

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Metric
Base market Coventry Gardens, MI
Compare market Select a market
Delta vs base
Median rent
$1,501
N/A
Median price
$336,712
N/A
YoY change
+$127
N/A
Price-to-rent
18.7x
Data unavailable
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