Apartments & Homes for Rent in Lapeer, MI

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What to Know About

Life in Lapeer & Beyond

Lapeer shares many of the great qualities that make Michigan a desirable place to live.

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Lapeer, MI

As of April 2025, Lapeer's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lapeer's average rent is 25.2% ($345) lower than the Michigan average of $1,367 and 43.2% ($777) lower than the U.S. average of $1,799.

Average Rent
$1,022
Monthly ChangeMonth Over Month Change
Decreased31.6% ($472)
Yearly ChangeYear Over Year Change
Decreased15.8% ($192)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,002 Decreased10.7% ($120) Decreased6.4% ($69)
2 Beds $1,325 Decreased9.7% ($142) Decreased5.3% ($74)
3 Beds $1,697 Decreased9.7% ($182) Decreased8.6% ($159)
Nearby Cities Average Rent Avg. Rent vs. LapeerAverage Rent vs. Lapeer Avg. Days on MarketAverage Days on Market
Davison $814 Decreased20.4% ($208) 39 days
Ortonville $1,250 Increased22.3% ($228) 34 days
Grand Blanc $1,315 Increased28.7% ($293) 41 days
Mount Morris $795 Decreased22.2% ($227) 41 days
Flint $760 Decreased25.6% ($262) 43 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lapeer Rental Market FAQs

Explore rental prices, market trends, and availability in Lapeer, MI.

The average rent in Lapeer, MI is $1,022 per month.
Homes in Lapeer typically rent for between $701 and $2,206 per month, with an average of $1,022 per month.
In Lapeer, the average rent for a 1-bedroom home is $1,002 per month, for a 2-bedroom home, $1,325 per month, and a 3-bedroom home is $1,697 per month.
The average rent in Lapeer is 43.2% ($777) lower than the national average of $1,799 per month.
The average rent in Lapeer has decreased by 31.6% ($472) in the last month and decreased by 15.8% ($192) over the past year.
The rental market in Lapeer, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lapeer, MI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 3 rental properties available in Lapeer, MI.
Based on the current averages, a household would need an annual income of $53,000 to comfortably afford a 2-bedroom home in Lapeer.
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