Lapeer, MI Real Estate
According to census data in the year 2000 there were 3,653 housing units in Lapeer.
This represents a 19% growth from 3,070 in 1990.
Of those housing units, 3,653 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lapeer is about 52.1%.
Lapeer's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.28 people.
The majority of houses, apartments or condos in Lapeer were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||1.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.45|
|Median year structure was built||1970|
|Median Value of occupied units||$107,900|
|Median Price asked for vacant units||$189,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$611|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|