Market Summary

Henry Ford, Wayne County, MI

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Median Home Price Price

$208,243 $208.2K

Median Monthly Rent Rent

$1,682 $1.7K

GRM

10.0x

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
$224,785 $1,451 13.0x
$211,440 $1,737 10.0x
$209,744 $1,688 10.0x
$219,524 $1,701 11.0x
$166,248 $1,668 8.0x
$216,298 $1,710 11.0x
$196,163 $1,694 10.0x
$235,096 $1,651 12.0x
$222,428 $1,665 11.0x
$206,252 $1,581 11.0x
$244,722 $1,326 15.0x

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

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
$251,605 $1,561 13.0x
$264,965 $1,669 13.0x
$174,832 $1,207 12.0x
$369,011 $1,746 18.0x
$176,722 $1,209 12.0x
$451,817 $1,828 21.0x
$198,718 $1,504 11.0x
$240,064 $1,765 11.0x
$489,380 $1,784 23.0x
$231,120 $1,939 10.0x
$196,827 $1,746 9.0x
$283,234 $1,750 13.0x
$149,232 $1,236 10.0x
$164,977 $1,357 10.0x
$352,956 $1,647 18.0x
$212,093 $1,238 14.0x
$531,298 $1,865 24.0x
$258,621 $1,702 13.0x
$233,990 $1,770 11.0x
$307,997 $1,727 15.0x
$192,126 $1,563 10.0x
$374,818 $1,692 18.0x
$186,168 $1,355 11.0x
$136,240 $1,256 9.0x
$368,579 $1,643 19.0x
$151,567 $1,190 11.0x

Home prices

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Monthly rent

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GRM

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Henry Ford

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Trend Insights

Median Rent in Henry Ford, MI is $1,682, with MoM change +$20 and YoY change +$161 pointing to positive momentum while volatility is low (std $42).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Henry Ford, MI.

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Metric
Base market Henry Ford, MI
Compare market Select a market
Delta vs base
Median rent
$1,682
N/A
Median price
$208,243
N/A
YoY change
+$161
N/A
Price-to-rent
10.3x
Data unavailable
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