Housing in Carp Lake, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$242,651
Carp Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Carp Lake is highlighted.
Median Home Value
48th%ilemost expensive$170,800show rank
Median Rent
5th%ilemost expensive rent$565show rank
Rent Burden
84th%ilehighest rent burden24.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$170,800
Median Rent
$565
Total Housing Units
447
Vacancy Rate
65.3%
Owner Occupied
67.7%
Renter Occupied
32.3%
Median Property Tax
$1,597
per year
Monthly Cost (w/ Mortgage)
$850
Housing Types
Single Family79.9%
Multi-Family0.7%
Mobile Home19.5%
The median home value in Carp Lake, MI is $170,800. According to Zillow, the home value index for Carp Lake is $242,651. The median rent is $565 per month (Census ACS). About 67.7% of housing units are owner-occupied. The median year homes were built is 1975. There are 447 total housing units.