The median home in Lapeer, Michigan is valued at $255,110, up 3.6% year over year. Typical monthly rent is $1,183, producing a price-to-rent ratio of 18x — near the national average of 18x. Lapeer is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →

Home Value$255,110

+3.6%

Rent$1,183/mo

AFFORDABILITY

Enter your income for Lapeer.

Income (annual)

Down Payment

$51,022 on $255,110

Stretch — 28% of income

Above 28% but manageable with cuts.

PITI$1,751

P/I28%

Afford$255K

Gap-$0K

P&I $1,290Tax $327Ins $133

Renting $568/mo cheaper ($1,183 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Lapeer with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro →

LAPEER, MI