Housing & Real Estate — Lapel, Indiana

Overview

Total Housing Units1,037
Occupied1,013
Vacant24
Owner-Occupied712
Renter-Occupied301
Median Home Value (Census)$220,400
Estimated 2026~$271,000
Median Rent$1,229/mo
Median Property Tax$1,406/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income18.5%
Severely Rent-Burdened17.0%

Housing Age

Built 2010 or later187
Built 2000-2009108
Built 1990-1999119
Built before 1960390
Median Year Built1971
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.