Introduction
Lathrup Village, Michigan often flies under the radar — and for many people, that’s part of the appeal. This small Oakland County city offers a quiet residential setting with quick access to major roads, job centers, and surrounding communities.
People researching Lathrup Village are usually looking for a place that feels established, manageable in size, and easy to navigate day-to-day. It’s not flashy, it’s not sprawling, and it doesn’t try to be something it’s not — which, for the right buyer, is exactly the point.
Cost of Living in Lathrup Village, Michigan
The cost of living in Lathrup Village is generally higher than the Michigan average, driven primarily by housing costs.
According to U.S. Census Bureau American Community Survey data, median home values in Lathrup Village are above statewide averages but generally align with other nearby Oakland County communities. Utilities and transportation costs are consistent with regional norms, based on Bureau of Labor Statistics data for the Detroit metropolitan area.
Overall, the cost structure reflects a mature suburban community rather than a high-growth or high-density area.
Real Estate & Housing Overview
Housing in Lathrup Village is primarily single-family residential, with a strong emphasis on mid-century construction.
Based on U.S. Census Bureau housing characteristics and regional MLS summaries:
Many homes were built between the 1940s and 1970s
Common styles include ranches, colonials, and split-level homes
Lots are typically modest in size but well established with mature trees
New construction is limited due to minimal undeveloped land
Market activity tends to be steady, with homes often attracting buyers looking for classic layouts and central locations, according to MLS trend data.









