Housing data for Lakeview, MI

Lakeview, MI has an estimated 1,030 residents and 442 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a village in Montcalm County.

34.2% of households rent.

The median gross rent is $496 a month.

Figures last updated on .

Residents
1,030 (±203)
Housing units
442 (±94)
Households that rent
34.2%
Median gross rent
$496
Residents since 2015–2019
+1.8%

What stands out in Lakeview

Households that rent: 34.2% (±11.0 points) in Lakeview, higher than in Montcalm County (16.9%).

Homes in buildings of 5 or more units: 17.7% (±9.0 points) in Lakeview, higher than in Montcalm County (5.1%).

Median household income: $33,631 (±$9,722) in Lakeview, lower than in Montcalm County ($67,344).

Median gross rent: $496 (±$229) in Lakeview, lower than in Montcalm County ($869).

Housing in Lakeview at a glance

  • Median rent: $496 median gross rent a month
  • Rent by bedrooms: $570 median gross rent, 2 bedrooms (Small sample: wide margin of error)
  • Rent burden: 35.9% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 34.2% of households rent
  • Income and affordability: $33,631 median household income
  • Home values: $165,500 median home value
  • Homeowner costs: $1,536 median monthly cost with a mortgage
  • Property taxes: $2,211 median real estate taxes a year
  • Types of homes: 17.7% of homes are in buildings of 5 or more units
  • Bedrooms: 50.9% of homes have 3 or more bedrooms
  • Age of homes: 74.2% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 86.5% heat with utility gas
  • Commute and cars: 33.6 minutes average trip to work
  • Crime reported to police: 0 violent crimes per 100,000 residents
  • Growth: +1.8% residents since 2015–2019
  • How long people stay: 12.5% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 3.4% of homes have more than 1 person per room (Small sample: wide margin of error)

Lakeview against Montcalm County, its state and the nation

Estimate (90% margin of error)
LakeviewMontcalm CountyMichiganUnited States
Residents1,030 (±203)67,816 (exact)10,077,761 (exact)334,922,499
Housing units442 (±94)28,147 (±63)4,622,236 (±795)143,775,355
Households that rent34.2% (±11.0 points)16.9% (±1.6 points)26.8% (±0.2 points)34.8%
Median gross rent$496 (±$229)$869 (±$25)$1,129 (±$4)$1,413
Median household income$33,631 (±$9,722)$67,344 (±$2,180)$72,875 (±$293)$80,734
Median home value$165,500 (±$37,267)$185,500 (±$5,909)$231,600 (±$642)$332,700
Median real estate taxes (a year)$2,211 (±$316)$1,876 (±$61)$2,904 (±$9)$3,119
Built before 198074.2% (±19.3 points)54.0% (±2.5 points)62.1% (±0.2 points)49.7%
Average commute33.6 minutes (±7.7)30.7 minutes (±1.1)24.2 minutes (±0.1)26.4 minutes
Households with broadband85.3% (±6.8 points)83.9% (±1.4 points)90.5% (±0.1 points)91.0%
Median age of residents35.6 years (±15.7)40.4 years (±0.4)40.2 years (±0.1)38.9 years

Lakeview covers 1.5 square miles of land, about 683 residents per square mile (Census Bureau Gazetteer).

How Lakeview has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents1,012 (±136)1,030 (±203)+1.8%Not a measurable change
Housing units455 (±61)442 (±94)−2.9%Not a measurable change
Median gross rent$471 (±$181)$496 (±$229)+5.3%No measurable change after inflation
Median home value$85,200 (±$7,567)$165,500 (±$37,267)+94.2%Up after inflation
Median household income$31,776 (±$4,103)$33,631 (±$9,722)+5.8%No measurable change after inflation
Median owner cost with a mortgage$938 (±$88)$1,536 (±$347)+63.8%Up after inflation
Median real estate taxes$1,684 (±$238)$2,211 (±$316)+31.3%No measurable change after inflation
Households that rent40.2% (±8.2 points)34.2% (±11.0 points)−6.0 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±13.9 points)0.0% (±19.3 points)0.0 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Lakeview

In 2025, the Lakeview Police Department reported 0 violent and 1,602 property crimes per 100,000 residents to the FBI.

Across Montcalm County, the departments that report recorded 125 violent and 488 property crimes per 100,000 residents that year.

Places near Lakeview

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Hinton Township4.0 mi$1,029$156,0008.7%
Winfield Township5.6 mi$1,336$234,6004.5%
Belvidere Township6.3 mi$919$174,30011.6%
Pine Township6.8 mi$1,034$220,40011.2%
Millbrook Township7.5 mi$792$195,00014.0%
Deerfield Township (Mecosta County)7.5 mi$1,021$161,80017.1%
Douglass Township9.1 mi$1,080$157,0009.9%
Maple Valley Township (Montcalm County)9.3 mi$990$170,6006.2%

Places in Michigan most like Lakeview

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Hesperia$571$131,300$37,17427.4%
Harrison$620$135,100$39,43035.8%
Muir$538$143,100$46,77147.2%
St. Charles$460$118,500$50,00030.8%
White Cloud$831$165,900$45,19234.4%
Whittemore$481$80,900$33,21435.9%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Michigan.

HUD Fair Market Rent for Lakeview, fiscal year 2027

Montcalm County, MI HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$822$1,001$1,181$1,450$1,560

HUD income limits for Lakeview, fiscal year 2026

Montcalm County, MI HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,600$29,300$46,850
2 people$21,640$33,450$53,550
3 people$27,320$37,650$60,250
4 people$33,000$41,800$66,900
5 people$38,680$45,150$72,300
6 people$44,360$48,500$77,650
7 people$50,040$51,850$83,000
8 people$55,200$55,200$88,350

These are the limits HUD sets for its housing programs in the Montcalm County, MI HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $80,600.

A program can use its own limits; tax-credit and local programs often do.

Lakeview lies inside Cato Township, whose figures include it, so it is ranked only against places like it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lakeview

What is the average rent in Lakeview, MI?

The Census Bureau publishes the median rather than the average: the median gross rent in Lakeview is $496 (±$229) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many renters are there in Lakeview?

Lakeview has an estimated 139 (±47) renting households, 34.2% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Lakeview?

The median household income in Lakeview is $33,631 (±$9,722) a year (2020–2024 American Community Survey).

What is the average home value in Lakeview, MI?

The Census Bureau publishes the median: $165,500 (±$37,267) for owner-occupied homes in Lakeview (2020–2024 American Community Survey).

What is the average mortgage payment in Lakeview?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lakeview, MI is $1,536 (±$347) a month, including taxes, insurance and utilities.

How much are property taxes in Lakeview?

The median real estate tax paid by homeowners in Lakeview, MI is $2,211 (±$316) a year (2020–2024 American Community Survey).

Is Lakeview growing?

In Lakeview, the number of residents went from 1,012 in 2015–2019 to 1,030 in 2020–2024 (+1.8%), not a measurable change.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lakeview village, Michigan (place:45240, in state:26).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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