Home prices
The median home in Lathrup Village is valued at $198,100. It is about $46,480 (19%) lower in comparison to nearby areas.Compared to the United States as a whole it is roughly $19,400 (8%) lower, and it is roughly $148,900 (302%) higher compared to the city of Detroit.
Rents
Lathrup Village's median rent is $1,234 a month. It is about $88 (6%) lower compared to its nearby areas.It is approximately $172 (16%) higher in comparison to the country as a whole, and compared to the city of Detroit is roughly $410 (49%) higher.
Nearby places
Southfield
Southfield is Lathrup Village's neighbor to the southwest. Housing prices there are somewhat less expensive. The cost of the median home in Southfield is $155,700, which works out to $42,400 (27%) lower than Lathrup Village. Rent there is a little less expensive. The median monthly rent in Southfield is $1,125, which works out to $109 (9%) lower than Lathrup Village.
Berkley
Berkley is about 1 mile east from Lathrup Village. Its housing prices are similar. The median home cost in Berkley is $199,200, which is very similar to Lathrup Village. Rents there are a little less expensive. The median monthly rent in Berkley is $1,115, which works out to $119 (10%) lower than Lathrup Village.
Beverly Hills
Beverly Hills is approximately 2 miles north of Lathrup Village. Housing prices there are significantly more expensive. The median home in Beverly Hills costs $387,400, which is $189,300 (48%) higher than Lathrup Village. Rent there is pretty similar. In Beverly Hills the median rent is $1,238 per month, which is very similar to Lathrup Village.
Oak Park
Oak Park is approximately 2 miles southeast from Lathrup Village. The housing prices there are significantly less expensive. The cost of the median home in Oak Park is $117,700, which is $80,400 (68%) lower than Lathrup Village. Rent there is somewhat less expensive. In Oak Park the median rent is $1,120 a month, which comes out to $114 (10%) lower than Lathrup Village.
Huntington Woods
Huntington Woods is approximately 2 miles east of Lathrup Village. Housing prices there are a lot more expensive. The value of the median home in Huntington Woods is $362,900, which is $164,800 (45%) higher than Lathrup Village. The rent there is substantially more expensive. Huntington Woods's median monthly rent is $2,014, which comes out to $780 (38%) higher than Lathrup Village.
