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Lakeview, MI

Full City Profile · Michigan · Montcalm County County

2.0 /5.0
C Fair
1,049 Population 695/sq mi density
$30,865 Median Income $21,171 per capita
$152,900 Home Value $215,125 Zillow
$507 Median Rent 24.8% income on rent
47°F Avg Temperature 260 sunny days/yr
99 Violent Crime/100K 4,270 property/100K
C
Overall
2.0 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Economy
1.2 / 5.0
$30,865 median income, 10.2% unemployment
B+
Affordability
3.9 / 5.0
$152,900 home value, $507/mo rent
F
Safety
1.0 / 5.0
99 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Housing Overview

Median Home Value
$152,900
46% below
US avg: $281,900
Median Rent
$507/mo
56% below
US avg: $1,163/mo
Homeownership Rate
65.2%
0% below US avg (65.4%)
Total Housing Units
415
Median year built: 1960

Home Value by Source

Census Median
$152,900
Zillow (ZHVI)
$215,125
Median Sale Price
$232,000
Median List Price
$219,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.2%
Owner-Occupied
34.8%
Renter-Occupied
65%
35%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $507/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
65.2%

Complete Housing Data

Home Values

Census Median Value$152,900
Zillow Home Value (ZHVI)$215,125
Median Sale Price$232,000
Median List Price$219,450
Price Per Sq Ft$168

Rent

Census Median Rent$507
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market82
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory3
Price Per Sq Ft$168

Ownership & Stock

Owner-Occupied65.2%
Renter-Occupied34.8%
Homeownership Rate65.2%
Total Housing Units415
Median Year Built1960
Rent Burden24.8%