What is the median rent in Lapeer Township, MI?
The median gross rent in Lapeer Township, MI is $1,362 (±$420) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 131 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lapeer Township, the median gross rent went from $960 in 2015–2019 to $1,362 in 2020–2024 (+41.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,362 (±$420)
- Rented homes
- 131 (±80)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +41.9%
How much rent costs in Lapeer Township
| Monthly gross rent | Lapeer Township | Lapeer County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 13.0% (±20.4 points) | 10.9% | 8.3% | 6.3% |
| $500 to $999 | 23.7% (±22.7 points) | 40.6% | 30.1% | 20.2% |
| $1,000 to $1,499 | 29.8% (±30.6 points) | 36.5% | 38.4% | 28.1% |
| $1,500 to $1,999 | 33.6% (±29.4 points) | 9.8% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±20.3 points) | 1.7% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±20.3 points) | 0.3% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±20.3 points) | 0.3% | 1.7% | 6.8% |
The most common range is $1,500 to $1,999, paid by 33.6% of renting households.
0.0% of rented homes in Lapeer Township cost $2,000 or more a month.
Lapeer Township against Lapeer County, its state and the nation
| Lapeer Township | Lapeer County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,362 (±$420) | $988 (±$48) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 131 (±80) | 4,582 (±385) | 1,032,697 (±7,764) | 42,849,984 |
In Lapeer Township, median gross rent is not measurably different from Lapeer County ($988).
It is not measurably different from Michigan ($1,129).
It is not measurably different from the national figure ($1,413).
In Lapeer County, Lapeer Township ranks 4 of 20 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 136 of 1,305.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lapeer Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $960 (±$103) | $1,362 (±$420) | +41.9% | No measurable change after inflation |
| Households that rent | 10.1% (±3.2 points) | 9.5% (±4.5 points) | −0.6 percentage points | Not a measurable change |
| Rental vacancy rate | 22.3% (±20.5 points) | 8.4% (±13.7 points) | −13.9 percentage points | Not 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.
Median gross rent in places near Lapeer Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lapeer Township | — | $1,362 (±$420) | — |
| Lapeer | 3.9 mi | $1,002 (±$111) | Not measurably different |
| Metamora | 4.3 mi | $794 (±$419) | Not measurably different |
| Metamora Township | 4.9 mi | $1,264 (±$190) | Not measurably different |
| Attica Township | 5.7 mi | $1,625 (±$524) | Not measurably different |
| Elba Township (Lapeer County) | 6.2 mi | $1,159 (±$275) | Not measurably different |
| Dryden Township | 6.8 mi | $1,165 (±$97) | Not measurably different |
| Mayfield Township (Lapeer County) | 6.9 mi | $964 (±$79) | Not measurably different |
| Hadley Township | 8.2 mi | $1,382 (±$256) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lapeer County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Rich Township | $1,682 (±$477) |
| 2 | Attica Township | $1,625 (±$524) |
| 3 | Hadley Township | $1,382 (±$256) |
| 4 | Lapeer Township | $1,362 (±$420) |
| 5 | Deerfield Township (Lapeer County) | $1,299 (±$990) |
| 6 | Goodland Township | $1,279 (±$603) |
| 7 | Metamora Township | $1,264 (±$190) |
| 8 | Dryden Township | $1,165 (±$97) |
| 9 | Elba Township (Lapeer County) | $1,159 (±$275) |
| 10 | Imlay Township | $1,116 (±$44) |
Showing 10 of 20 places in Lapeer County, ranked from highest to lowest.
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 Lapeer Township
What is the average rent in Lapeer Township, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Lapeer Township is $1,362 (±$420) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lapeer Township?
In Lapeer Township, the median gross rent went from $960 in 2015–2019 to $1,362 in 2020–2024 (+41.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Lapeer Township cost more than $2,000 a month?
0.0% of rented homes in Lapeer Township have a gross rent of $2,000 or more a month, and 13.0% cost less than $500.
Is rent in Lapeer Township higher than in Lapeer County?
In Lapeer Township, median gross rent is not measurably different from Lapeer County ($988).
It is not measurably different from Michigan ($1,129).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lapeer township, Lapeer County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lapeer township, Lapeer County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lapeer township, Lapeer County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Lapeer township, Lapeer County, Michigan (county subdivision:46060, in state:26 county:087).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
Related
- Housing in Lapeer Township at a glance
- Renters and owners in Lapeer Township
- Income and affordability in Lapeer Township
- Home values in Lapeer Township
- Homeowner costs in Lapeer Township
- Property taxes in Lapeer Township
- Types of homes in Lapeer Township
- Bedrooms in Lapeer Township
- Age of homes in Lapeer Township
- Heating fuel in Lapeer Township
- Commute and cars in Lapeer Township
- Crime reported to police in Lapeer Township
- Population growth in Lapeer Township
- How long people stay in Lapeer Township
- Michigan landlord and tenant rules
- Housing across Lapeer County
- Michigan places ranked by median rent
- Housing data for every place in Michigan