Foreclosure Homes in Otter Lake, MI

Buyer vs Seller Market in Otter Lake, MI

Median home value: $217,019 as of 2026-05-14.

Median rent: $1,180 as of 2026-05-14.

Home values: -0.25% MoM, +2.77% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Otter Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otter Lake, MI, is on a rollercoaster ride. The average rent price in Otter Lake, MI, is $1,166.00. Indeed, when looking to rent in Otter Lake, MI, you can expect to pay as little as $500.00 or as much as $2,620.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Otter Lake, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.