Henry Ford, Wayne County, MI

Median Home Price Price

$208,243 $208.2K

Median Monthly Rent Rent

$1,682 $1.7K

10.0x

Market Snapshot

Henry Ford, Wayne County, MI is a neighborhood market with a median home price of $208,243, a median monthly rent of $1,682, a GRM of 10.0x, and a price-to-rent ratio of 10.3.

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03 Ford Woods, Wayne County, MI
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Price $206.3K
Rent $1.6K
GRM 11.0x
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Monthly rent

GRM = home price / annual rent

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College Cultural, Genesee County, MI
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Home prices

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GRM = home price / annual rent

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$252K $1.6K 13.0x
Livingston - McNaughten, Franklin County, OH
$164K $1.5K 9.0x
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$265K $1.7K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Henry Ford

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Benchmark comparison

Compare Henry Ford, MI to another market.

Compare to Hemlock, MI
Henry Ford, MI
Hemlock, MI
Delta
Median rent
$1,682
N/A
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Median price
$208,243
N/A
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YoY change
+$161
N/A
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Price-to-rent
10.3x
Data unavailable
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Key takeaways

  • Henry Ford, Wayne County, MI has a lower-grm screening profile: At 10.0x 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 $161 year over year.
  • Next discovery step: compare Hemlock, Wayne County, MI from the Same county set.