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Lapeer, MI
Full City Profile · Michigan · Lapeer County County
3.0
/5.0
B
Good
9,053
Population
1,232/sq mi density
$53,038
Median Income
$30,344 per capita
$165,300
Home Value
$256,795 Zillow
$947
Median Rent
31.1% income on rent
47°F
Avg Temperature
260 sunny days/yr
407
Violent Crime/100K
3,245 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$53,038 median income, 1.8% unemployment
A+
Affordability
4.9 / 5.0
$165,300 home value, $947/mo rent
F
Safety
1.0 / 5.0
407 violent crimes/100K (7% above avg)
C
Education
2.2 / 5.0
15.1% bachelor's degree or higher
Housing Overview
Median Home Value
$165,300
41% below
US avg: $281,900
Median Rent
$947/mo
19% below
US avg: $1,163/mo
Homeownership Rate
49.9%
24% below US avg (65.4%)
Total Housing Units
3,882
Median year built: 1975
Home Value by Source
Census Median
$165,300
Zillow (ZHVI)
$256,795
Median Sale Price
$325,875
Median List Price
$280,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
49.9%
Owner-Occupied
50.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,009/mo
1 Bedroom
$1,122/mo
2 Bedroom
$1,411/mo
3 Bedroom
$1,724/mo
4 Bedroom
$1,868/mo
Census median rent:
$947/mo
· Zillow rent:
$1,237/mo
Market Indicators (Redfin)
Median Days on Market
251 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
20.7%
of listings with price reduction
Price Per Sq Ft
$187
Active Inventory
29
homes for sale
Affordability & Housing Stock
Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
49.9%
Complete Housing Data
Home Values
| Census Median Value | $165,300 |
| Zillow Home Value (ZHVI) | $256,795 |
| Median Sale Price | $325,875 |
| Median List Price | $280,000 |
| Price Per Sq Ft | $187 |
Rent
| Census Median Rent | $947 |
| Zillow Rent (ZORI) | $1,237 |
| FMR Studio | $1,009 |
| FMR 1-Bedroom | $1,122 |
| FMR 2-Bedroom | $1,411 |
| FMR 3-Bedroom | $1,724 |
| FMR 4-Bedroom | $1,868 |
Market
| Days on Market | 251 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.7% |
| Homes Sold | 3 |
| Active Inventory | 29 |
| Price Per Sq Ft | $187 |
Ownership & Stock
| Owner-Occupied | 49.9% |
| Renter-Occupied | 50.1% |
| Homeownership Rate | 49.9% |
| Total Housing Units | 3,882 |
| Median Year Built | 1975 |
| Rent Burden | 31.1% |