Cheap Homes in Lapeer, MI

Buyer vs Seller Market in Lapeer, MI

The real estate market in Lapeer has shown steady growth over the past year. Home prices have appreciated as more families look for affordable housing options in a friendly community. The market sees a diverse range of properties from quaint historic homes to newer constructions, catering to various preferences.

There has been an increase in demand for larger homes with outdoor space as more individuals seek more room for home offices and recreational areas. The inventory levels remain relatively balanced, keeping prices stable.

Rent Prices In Lapeer, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lapeer, MI, is on a rollercoaster ride. The average rent price in Lapeer, MI, is $1,245.00. Indeed, when looking to rent in Lapeer, MI, you can expect to pay as little as $530.00 or as much as $2,680.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Lapeer, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.