Otter Lake, Lapeer County, MI Housing Trends, Rent, Price-to-Rent

Market Summary

Otter Lake, Lapeer County, MI

Median Home Price Price

$212,414 $212.4K

Median Monthly Rent Rent

$1,570 $1.6K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Otter Lake, MI is $1,570, with MoM change +$13 and YoY change +$103 pointing to positive momentum while volatility is low (std $25).

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Metric

Base market Otter Lake, MI

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Delta vs base

Median rent

$1,570

N/A

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Median price

$212,414

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YoY change

+$103

N/A

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Price-to-rent

11.3x

Data unavailable

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