Lapeer, MI Rental Market Trends
Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lapeer is $1,139, a 4.3% increase compared to the previous year, when the average rent was $1,092.
One-bedroom apartments provide 734 square feet for $964, balancing privacy and affordability.
Two-beedroom units at $1,230 offer 1,003 square feet, perfect for roommates or small families.
Average rent in Lapeer, MI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,139 | 911 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $964 | 734 sq. ft. |
| 2 Beds | $1,230 | 1,003 sq. ft. |
| 3 Beds | n/a | n/a |
Lapeer, MI rent trends
Rental prices in Lapeer, MI have increased by 4.3% over the past year. The average rent moved from $1,092 to $1,139.
What's the typical rent budget in Lapeer, MI?
The largest share of rentals in Lapeer, MI (71%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lapeer, MI?
1,804 or 50% of the households in Lapeer, MI are renter-occupied while 1,798 or 50% are owner-occupied.
How Lapeer Compares to Other Cities
| City | Average Rent |
|---|---|
| Lapeer | $1,139 |
| Detroit | $1,316 |
| Grand Rapids | $1,547 |
| East Lansing | $1,769 |
| Lansing | $1,237 |
| Ann Arbor | $2,021 |
| Southfield | $1,402 |
| Kalamazoo | $1,308 |
| Farmington Hills | $1,464 |
| Ypsilanti | $1,270 |
| Westland | $1,151 |
| Flint | $940 |
| Grand Blanc | $1,160 |
| Rochester Hills | $1,674 |
| Pontiac | $1,201 |
| Auburn Hills, MI | $1,575 |
| Davison, MI | $1,127 |
| Fenton, MI | $1,337 |
| Rochester, MI | $1,456 |
| Burton, MI | $929 |
| Flushing, MI | $923 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lapeer apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.