Far West, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Far West, Wayne County, MI

Median Home Price Price

$112,183 $112.2K

Median Monthly Rent Rent

$1,655 $1.7K

GRM

6.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Far West, MI is $1,655, with MoM change +$16 and YoY change +$161 pointing to positive momentum while volatility is low (std $43).

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Metric

Base market Far West, MI

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Delta vs base

Median rent

$1,655

N/A

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Median price

$112,183

N/A

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YoY change

+$161

N/A

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Price-to-rent

5.6x

Data unavailable

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