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New Lothrop, MI Home Values and Rents

The typical home value in New Lothrop is $243,509. Median rent is $765 a month.

Typical home value
$243,509
Zillow
Median rent
$765/mo
ACS 2020-2024
Price change, 1 year
+5.0%
Sep 2026
Homeownership
71.0%
MI: 73.2%

Typical home value in New Lothrop

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodNew Lothrop
Sep 2026$243,509
Dec 2025$237,816
Dec 2024$228,018
Dec 2023$220,937
Dec 2022$210,001
Dec 2021$201,339
Dec 2020$185,502
Dec 2019$165,134
Dec 2018$149,239
Dec 2017$139,079
Dec 2016$131,897
Dec 2015$121,177
Dec 2014$107,244
Dec 2013$102,596
Dec 2012$98,872

Over five years, New Lothrop prices changed +20.4%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Shiawassee County, MI

MI rents
Unit sizeMonthly rentvs FY2026
Studio$798+1.4%
1 bedroom$829+2.1%
2 bedrooms$1,085+1.8%
3 bedrooms$1,457+2.0%
4 bedrooms$1,644+4.6%

Frequently asked questions

What is the typical home value in New Lothrop, MI?
The typical home value in New Lothrop is $243,509 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
How much is rent in New Lothrop?
The median rent in New Lothrop is $765 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,085.
Are home prices going up in New Lothrop?
The typical home value in New Lothrop changed +5.0% over one year and +20.4% over five years, as of Sep 2026.