A+
16%
Med. Home Val. NAT. AVG.
74%
Rent NAT. AVG.
47%
Owner Occ. NAT. AVG.

Lathrup Village Housing Information

IndexLathrup VillageMichiganNational
Median home price$380,054$235,809$326,622
Median rent asked$2,513$1,222$1,444
Avg. people per household3.62.52.6
Owner occupied households93.2%70.8%63.6%
Renter occupied households6.8%29.2%36.4%

Lathrup Village Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Lathrup Village is 16% higher than the national average.
  • The median rent asked in Lathrup Village is 74% higher than the national average.
  • The average number of people per household in Lathrup Village is 39% higher than the national average.
  • The number of owner occupied households in Lathrup Village is 47% higher than the national average.
  • The number of renter occupied households in Lathrup Village is 81% lower than the national average.

Most Affordable Places to Live in and Around Lathrup Village

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Compare Lathrup Village, MI Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Highland Park, MI11,056$92,16472%
      Inkster, MI25,333$92,68472%
      Detroit, MI692,044$94,00171%
      Hamtramck, MI22,199$129,65160%
      Melvindale, MI10,685$132,30159%
      Lathrup Village, MI4,243$380,05416%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Rice Lake, MN4,243$396,73521%
      Mulberry, FL4,242$96,80670%
      Grafton, ND4,241$165,81949%
      Reiffton, PA4,241$385,50818%
      Niwot, CO4,247$1,197,113267%
      Lathrup Village, MI4,243$380,05416%
      Source: The Lathrup Village, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.