Housing & Real Estate — New Lothrop, Michigan

Overview

Total Housing Units283
Occupied262
Vacant21
Owner-Occupied176
Renter-Occupied86
Median Home Value (Census)$205,700
Estimated 2026~$228,000
Median Rent$750/mo
Median Property Tax$3,500/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened29.6%

Housing Age

Built 2010 or later3
Built 2000-200936
Built 1990-199927
Built before 196097
Median Year Built1970
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.