
Home Price Key
These days, finding an affordable place to live in the Lapeer area can be challenging. Home prices in Lapeer are now at a median cost of $163,970, lower than the Michigan average of $196,062.
The average cost of rent is $975/mo in Lapeer, primarily driven by the current value of real estate in the Lapeer area. While nearly 34.87% of residents own their homes outright in Lapeer, 20.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lapeer is $5,349 per month. Households that rent pay about 18.23% of their income on rent here. Lapeer's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Hunters Creek, MI: equally priced homes
- Columbiaville, MI: equally priced homes
- Five Lakes, MI: higher priced homes
- Metamora, MI: higher priced homes
- Hadley, MI: higher priced homes
- Attica, MI: higher priced homes
- Richfield Center, MI: equally priced homes
- Barnes Lake-Millers Lake, MI: equally priced homes
- Thornville, MI: higher priced homes
- Davison, MI: equally priced homes
Cities with Similar Populations
- Amelia, OH: higher priced homes
- Bayonet Point, FL: less expensive homes
- Batavia, IL: higher priced homes
- Barranquitas, PR: less expensive homes
- Barberton, OH: less expensive homes
- Baldwin, NY: higher priced homes
- Balch Springs, TX: less expensive homes
- Austintown, OH: less expensive homes
- Austin, MN: less expensive homes
- Argyle, TX: higher priced homes
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