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Lapeer County Housing Market

Michigan · 83 counties · Ranked #2211 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$229,100

vs national$229,100 vs $281,900 national

Median Gross Rent

$959/mo

vs national$959 vs $1,163 national

Effective Tax Rate

0.95%

vs national0.95% vs 1.02% national

Median Household Income

$76,228

vs national+$76,228 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,185

Tax as % of Home Value

0.95%

Monthly Owner Cost

$1,105

Renter Income

$34,092

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Frequently Asked Questions

What is the median home value in Lapeer County?

The median home value in Lapeer County is $229,100. This is below the national median of $281,900.

How much is rent in Lapeer County?

The median gross rent in Lapeer County is $959 per month.

What is the property tax rate in Lapeer County?

The effective property tax rate in Lapeer County is 0.95%. The median annual property tax bill is $2,185.

Is Lapeer County affordable?

With a home-value-to-income ratio of 3x, Lapeer County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.