Market Summary

University District, Wayne County, MI

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Median Home Price Price

$305,832 $305.8K

Median Monthly Rent Rent

$1,453 $1.5K

GRM

18.0x

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
Jefferson
$184,129 $1,598 10.0x

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
Heritage Hill, Kent County, MI
$411,042 $1,628 21.0x

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
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Home prices

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Monthly rent

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GRM

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University District

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Trend Insights

Median Rent in University District, MI is $1,453, with MoM change +$14 and YoY change +$103 pointing to positive momentum while volatility is low (std $25).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market University District, MI
Compare market Select a market
Delta vs base
Median rent
$1,453
N/A
—
Median price
$305,832
N/A
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YoY change
+$103
N/A
—
Price-to-rent
17.5x
Data unavailable
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