Lake County, MI — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$122,900
Median Rent
$863/mo
Homeownership
81.2%
Vacancy Rate
63.3%
Total Housing Units
13,432
Property Tax
$1,413/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied81.2%
Renter-Occupied18.8%
Housing Types
Source: Census Bureau ACS (2023)Single Family71.1%
Multi-Family1.8%
Mobile Home27.1%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$729/mo
Without Mortgage
$1,140/mo
Median Year Built
1977
The median home value in Lake County, MI is $122,900 according to 2023 Census Bureau estimates. The median monthly rent is $863. 81.2% of housing units are owner-occupied. There are 13,432 total housing units in the county. The vacancy rate is 63.3%.