Apartments for Rent in Lapeer, MI

Prices and availability in Lapeer, MI were last updated on 3 Jun 2026.

The best apartments in Lapeer, MI are: Turrill Estates, Gateway Apartments, Rolling Hills Apartments, Arbors of Lapeer and 1885 Raleigh Ave, Unit 07.

The average rent in Lapeer, MI is $1,023.

The price range for a 1-bedroom apartment in Lapeer, MI is between $1,125 and $1,135.

The price range for a 2-bedroom apartment in Lapeer, MI is between $1,049 and $1,415.

The price range for a 3-bedroom apartment in Lapeer, MI is between $1,325 and $1,715.

In Lapeer 50% of the housing is rented out compared to 50% of homes are owned, according to the most recent Census Bureau estimates. 13% of Lapeer's apartments are found in large buildings of 50 units or more, 70% are located in smaller apartment complexes with less than 50 units, and 16% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lapeer are about 45 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 5% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Lapeer come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 44% of the total apartments in the city, while 2-bedroom floorplans represent around 54% of all rentals in Lapeer. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.