housing costs · Michigan
Housing costs in Lapeer County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $988 | ± $48 | evidence → |
| 2019–2023 | $959 | ± $56 | evidence → |
| 2018–2022 | $908 | ± $48 | evidence → |
| 2017–2021 | $840 | ± $35 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $239,000 | ± $5,114 | evidence → |
| 2019–2023 | $229,100 | ± $4,400 | evidence → |
| 2018–2022 | $219,300 | ± $5,530 | evidence → |
| 2017–2021 | $186,700 | ± $4,762 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.7 % | ± 2.5 % | evidence → |
| 2019–2023 | 30.3 % | ± 2.8 % | evidence → |
| 2018–2022 | 31.0 % | ± 2.8 % | evidence → |
| 2017–2021 | 31.0 % | ± 2.4 % | evidence → |
In context
Median rent in Lapeer County is $988, above the Michigan median of $884 across 83 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.