Market Summary

Mcdowell, Wayne County, MI

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Median Home Price Price

$124,747 $124.7K

Median Monthly Rent Rent

$1,244 $1.2K

GRM

8.0x

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
$117,067 $1,247 8.0x
$57,763 $1,490 3.0x
$168,446 $1,615 9.0x
$107,923 $1,339 7.0x
$88,077 $1,284 6.0x
$128,770 $1,239 9.0x
$70,056 $1,331 4.0x
$112,183 $1,655 6.0x
$107,755 $1,242 7.0x
$103,678 $1,259 7.0x

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
$191,162 $1,301 12.0x
$93,367 $1,282 6.0x
$122,813 $1,376 7.0x
$302,334 $1,275 20.0x
$406,985 $1,166 29.0x
$110,555 $1,433 6.0x
$470,679 $1,195 33.0x
$70,612 $1,207 5.0x
$185,614 $1,248 12.0x
$175,701 $1,288 11.0x
$243,547 $1,242 16.0x
$285,720 $2,900 8.0x
$241,521 $1,394 14.0x

Home prices

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Monthly rent

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GRM

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McDowell

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Trend Insights

Median Rent in McDowell, MI is $1,244, with MoM change +$11 and YoY change +$66 pointing to positive momentum while volatility is low (std $15).

Benchmark Markets Side by Side

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

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Metric
Base market McDowell, MI
Compare market Select a market
Delta vs base
Median rent
$1,244
N/A
Median price
$124,747
N/A
YoY change
+$66
N/A
Price-to-rent
8.4x
Data unavailable
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