Find Homes & Apartments 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 March 2025, Lapeer's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lapeer's average rent is 8.6% ($118) higher than the Michigan average of $1,376 and 16.4% ($294) lower than the U.S. average of $1,788.

Average Rent
$1,494
Monthly ChangeMonth Over Month Change
Increased33.2% ($372)
Yearly ChangeYear Over Year Change
Increased23.6% ($285)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,122 Increased0.9% ($10) Increased5.8% ($62)
2 Beds $1,467 Increased4.4% ($62) Increased4.9% ($69)
3 Beds $1,879 Increased0.8% ($14) Increased1.3% ($24)
Nearby Cities Average Rent Avg. Rent vs. LapeerAverage Rent vs. Lapeer Avg. Days on MarketAverage Days on Market
Davison $1,335 Decreased10.6% ($159) 39 days
Ortonville $1,205 Decreased19.3% ($289) 34 days
Grand Blanc $1,288 Decreased13.8% ($206) 41 days
Mount Morris $801 Decreased46.4% ($693) 41 days
Flint $970 Decreased35.1% ($524) 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 $1,494 per month.
Homes in Lapeer typically rent for between $785 and $2,443 per month, with an average of $1,494 per month.
In Lapeer, the average rent for a 1-bedroom home is $1,122 per month, for a 2-bedroom home, $1,467 per month, and a 3-bedroom home is $1,879 per month.
The average rent in Lapeer is 16.4% ($294) lower than the national average of $1,788 per month.
The average rent in Lapeer has increased by 33.2% ($372) in the last month and increased by 23.6% ($285) 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 2 rental properties available in Lapeer, MI.
Based on the current averages, a household would need an annual income of $58,680 to comfortably afford a 2-bedroom home in Lapeer.
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