Market Summary

Henry Ford, Wayne County, MI

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Median Home Price Price

$231,704 $231.7K

Median Monthly Rent Rent

$1,291 $1.3K

GRM

15.0x

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
$153,734 $1,243 10.0x
$85,671 $1,216 6.0x
$85,691 $1,245 6.0x
$75,166 $1,225 5.0x

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
$126,349 $1,187 9.0x
$244,197 $1,539 13.0x
$145,331 $1,282 9.0x
$141,524 $1,007 12.0x
$251,170 $1,731 12.0x
$146,699 $1,296 9.0x
$277,682 $1,817 13.0x
$167,808 $1,239 11.0x
$173,500 $1,298 11.0x
$115,615 $1,289 7.0x
$173,015 $1,265 11.0x
$152,784 $1,415 9.0x
$269,075 $1,546 15.0x
$170,096 $1,273 11.0x
$61,664 $1,202 4.0x
$358,981 $1,797 17.0x
$96,220 $1,072 8.0x

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 $1,291, with MoM change +$13 and YoY change +$121 pointing to positive momentum while volatility is low (std $33).

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
$1,291
N/A
Median price
$231,704
N/A
YoY change
+$121
N/A
Price-to-rent
15.0x
Data unavailable
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