Market Summary

Outer Drive Hayes, Wayne County, MI

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Median Home Price Price

$63,046 $63K

Median Monthly Rent Rent

$1,310 $1.3K

GRM

4.0x

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
$51,253 $1,519 3.0x
$62,701 $1,300 4.0x
$57,763 $1,490 3.0x
$55,790 $1,328 3.0x
$51,967 $1,355 3.0x
$107,923 $1,339 7.0x
$45,944 $1,301 3.0x
$43,824 $1,266 3.0x
$84,775 $1,655 4.0x
$58,918 $1,164 4.0x
$63,061 $1,622 3.0x
$62,717 $1,302 4.0x
$60,603 $1,298 4.0x
$62,403 $1,257 4.0x
$42,336 $1,259 3.0x
$81,768 $1,528 5.0x
$88,077 $1,284 6.0x
$64,871 $1,268 4.0x
$48,944 $1,294 3.0x
$43,656 $1,302 3.0x
$40,973 $1,324 3.0x
$46,390 $1,269 3.0x

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
$82,970 $1,342 5.0x
$99,916 $1,272 7.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Home prices

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Monthly rent

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GRM

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Outer Drive-Hayes

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Trend Insights

Median Rent in Outer Drive-Hayes, MI is $1,310, with MoM change -$3 and YoY change +$72 showing mixed momentum while volatility is low (std $20).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Outer Drive-Hayes, MI.

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Metric
Base market Outer Drive-Hayes, MI
Compare market Select a market
Delta vs base
Median rent
$1,310
N/A
Median price
$63,046
N/A
YoY change
+$72
N/A
Price-to-rent
4.0x
Data unavailable
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