Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Lathrup Village area can be challenging. Home prices in Lathrup Village are now at a median cost of $302,878, higher than the Michigan average of $250,415.
The average cost of rent is $1,449/mo in Lathrup Village, primarily driven by the current value of real estate in the Lathrup Village area. In Lathrup Village, 8.54% of households rent, and 18.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lathrup Village is $9,533 per month. Households that rent pay about 15.20% of their income on rent here. Lathrup Village’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Southfield, MI: less expensive homes
- Berkley, MI: equally priced homes
- Beverly Hills, MI: higher priced homes
- Oak Park, MI: less expensive homes
- Huntington Woods, MI: higher priced homes
- Bingham Farms, MI: higher priced homes
- Birmingham, MI: higher priced homes
- Royal Oak, MI: equally priced homes
- Franklin, MI: higher priced homes
- Pleasant Ridge, MI: higher priced homes
Cities with Similar Populations
- South Bay, FL: less expensive homes
- San Miguel, CA: higher priced homes
- Surf City, NC: higher priced homes
- Satsuma, FL: less expensive homes
- Sauk City, WI: equally priced homes
- Telford, TN: less expensive homes
- Saxonburg, PA: equally priced homes
- Scandia, MN: higher priced homes
- Schriever, LA: less expensive homes
- Schulenburg, TX: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood