Morley, Wayne County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Morley, Wayne County, MI

Median Home Price Price

$164,123 $164.1K

Median Monthly Rent Rent

$1,533 $1.5K

GRM

9.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Morley, MI is $1,533, with MoM change +$9 and YoY change +$25 pointing to positive momentum while volatility is low (std $8).

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Metric

Base market Morley, MI

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Delta vs base

Median rent

$1,533

N/A

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Median price

$164,123

N/A

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YoY change

+$25

N/A

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Price-to-rent

8.9x

Data unavailable

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