Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lathrop area can be challenging. Home prices in Lathrop are now at a median cost of $111,763, lower than the Michigan average of $196,062.
The average cost of rent is $680/mo in Lathrop, primarily driven by the current value of real estate in the Lathrop area. While nearly 47.35% of residents own their homes outright in Lathrop, 10.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lathrop is $3,933 per month. Households that rent pay about 17.29% of their income on rent here. Lathrop's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Trombly, MI: equally priced homes
- McFarland, MI: equally priced homes
- Rock, MI: higher priced homes
- St. Nicholas, MI: higher priced homes
- Kiva, MI: higher priced homes
- New Swanzy, MI: higher priced homes
- Arnold, MI: less expensive homes
- Little Lake, MI: higher priced homes
- Trenary, MI: higher priced homes
- Ladoga, MI: higher priced homes
Cities with Similar Populations
- Newberne, WV: less expensive homes
- Nyhart, MO: higher priced homes
- North Western, NY: equally priced homes
- Norland, VA: less expensive homes
- Norbeck, SD: less expensive homes
- Nondalton, AK: equally priced homes
- Nolia, OK: less expensive homes
- Nigton, TX: equally priced homes
- Newburg, TX: higher priced homes
- Oakville, IN: less expensive homes
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