Home prices
The price of the median home in Lapel is $116,200. It is about $25,820 (18%) lower compared to its nearby areas.Compared to the rest of the nation it is roughly $101,300 (46%) lower, and it is is very similar compared to the city of Fort Wayne.
Rents
Lapel's median monthly rent is $800. It is about $182 (18%) lower compared to its nearby areas.It is about $262 (24%) lower in comparison to the rest of the country, and compared to the city of Fort Wayne is approximately $36 (4%) higher.
Nearby places
Pendleton
Pendleton is Lapel's neighbor to the southeast. Real estate prices there are somewhat more expensive. The median home cost in Pendleton is $152,700, which works out to $36,500 (23%) higher than Lapel. Rents there are somewhat more expensive. Pendleton's median monthly rent is $862, which works out to $62 (7%) higher than Lapel.
Ingalls
Ingalls is Lapel's neighbor to the south. Real estate prices there are a bit less expensive. The median home in Ingalls costs $105,700, which works out to $10,500 (9%) lower than Lapel. Rents there are a bit more expensive. Ingalls's median monthly rent is $952, which is $152 (15%) higher than Lapel.
Noblesville
Noblesville is Lapel's neighbor to the west. Its real estate prices are a lot more expensive. The median home price in Noblesville is $209,100, which works out to $92,900 (44%) higher than Lapel. The rent there is somewhat more expensive. The median monthly rent in Noblesville is $1,039, which is $239 (23%) higher than Lapel.
Edgewood
Edgewood is roughly 6 miles northeast of Lapel. Its housing prices are a bit less expensive. The median home in Edgewood is valued at $107,500, which works out to $8,700 (8%) lower than Lapel. Its rents are somewhat more expensive. The median monthly rent in Edgewood is $1,145, which is $345 (30%) higher than Lapel.
Fortville
Fortville is roughly 7 miles south of Lapel. Its housing prices are a bit more expensive. Fortville's median home price is $135,100, which works out to $18,900 (13%) higher than Lapel. Rents there are a bit more expensive. The median monthly rent in Fortville is $913, which works out to $113 (12%) higher than Lapel.
