In Lambertville, a typical home is worth $256,400. Compared with all of Monroe County, typical household income is 33% higher, the typical home value is 12% higher, and the share of households that own their home is 14 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $243,673 to $310,921.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lambertville is in Monroe County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Monroe County. See the county
What this place has that others do not, from public data, most unusual first.
1
Lambertville has the 4th highest homeownership rate of the 179 cities in Michigan with more than 5,000 people (96%).
2
Nearby, in Monroe, the typical home value is $167,900: 35% less than in Lambertville ($256,400).
3
The typical household income in Lambertville is $102,521,33% more than in Monroe County as a whole ($77,335).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lambertville
What homes there are in Lambertville, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Lambertville
Monroe County
Michigan
United States
Kind of home: Lambertville and its comparisons
Measure
Lambertville
Monroe County
Michigan
United States
Detached house
94%
78%
72%
61%
Attached house
4%
2%
5%
6%
Building of 2 to 4
Unreliable estimate
3%
5%
8%
Apartments (5 or more)
Unreliable estimate
9%
13%
19%
Mobile home
Unreliable estimate
8%
5%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Lambertville: 94% of homes, more than in Monroe County (78%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Lambertville
Monroe County
Michigan
United States
Year built: Lambertville and its comparisons
Measure
Lambertville
Monroe County
Michigan
United States
Before 1960
22%
34%
36%
26%
1960–1979
24%
24%
26%
24%
1980–1999
33%
21%
22%
25%
2000–2009
15%
13%
10%
14%
2010 or later
6%
8%
6%
11%
The typical home in Lambertville was built in 1983, 9 years after the typical one in Monroe County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K30%
$200K–$300K27%
$300K–$500K36%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Lambertville and its comparisons
Measure
Lambertville
Under $100K
Unreliable estimate
$100K–$200K
30%
$200K–$300K
27%
$300K–$500K
36%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Lambertville and its comparisons
Measure
Lambertville
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,632 a month
Monroe County: $1,586 a month
Without a mortgage
$570 a month
Monroe County: $602 a month
Owners with a mortgage
52%
Monroe County: 61%
The typical cost for an owner with a mortgage in Lambertville is $1,632 a month, near the figure in Monroe County ($1,586).
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
LambertvilleBoundaries changed
Monroe County+42%
Michigan+50%
United States+53%
Typical rent
LambertvilleBoundaries changed
Monroe County+27%
Michigan+30%
United States+33%
Typical household income
LambertvilleBoundaries changed
Monroe County+24%
Michigan+28%
United States+29%
Change since 2015–2019: Lambertville and its comparisons
Measure
Lambertville
Monroe County
Michigan
United States
Typical home value
Boundaries changed
+42%
+50%
+53%
Typical rent
Boundaries changed
+27%
+30%
+33%
Typical household income
Boundaries changed
+24%
+28%
+29%
Lambertville does not have the same boundaries as in 2015–2019: that is why there is no change to compare. For reference, in Monroe County the typical home value rose 42%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lambertville and its comparisons
Measure
Lambertville
Monroe County
Michigan
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.1%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.8%
0.9%
More than one person per room
Unreliable estimate
1.3%
1.6%
3.4%
People per household
2.47
2.45
2.42
2.53
Drive alone
83%
82%
74%
69%
Carpool
8%
7%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
6%
9%
14%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
A household in Lambertville has 2.47 people on average, about the same as in Monroe County (2.45).
The car rules in Lambertville: 83% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.
Do the math
What would you pay each month for a home in Lambertville?
A typical home is within reach of the typical income
We start with a typical home in Lambertville, worth $256,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 25% of the typical household income in Lambertville, which is $102,521 a year.
The calculator's FHA and conventional loan limits are those of all of Monroe County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Lambertville. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,974 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,152
at 7.18% · 30 years
Loan amount
$251,756
Total interest
$362,218
Paid off in
November 2056
Includes $4,330 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,392 a month
Your payment · 25%
Tight
$2,392 to $3,076 a month
Hard
more than $3,076 a month
Compared with the typical household income in Lambertville ($102,521 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,705
Property tax
$227
Home insurance
$107
FHA mortgage insurance (MIP)
$113
You need at least $8,974 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,152; principal and interest $1,705.
The city and its county
Lambertville and Monroe County
Lambertville is in Monroe County, Michigan. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Lambertville
Map of Monroe County, Michigan, with Lambertville marked. Around it, the neighboring counties.
Lambertville
Monroe County
Other cities with a page
Lambertville's own numbers
Typical home value
$256,400
Typical yearly household income
$102,521
Households that own their home
96%
Effective property tax rate
1.06%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Monroe County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,304
Price change over 5 years (FHFA)
+45%
Homes in a high flood-risk zone
6.4%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Monroe County.
A typical home in Lambertville is worth $256,400: 12% above the county and 11% above Michigan. With the typical household income in Lambertville ($102,521 a year), a typical home costs 2.5 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Lambertville2.5 years
Monroe3.0 years
Michigan3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Monroe County
According to FHFA’s house price index, home prices in Monroe County rose 81% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Monroe County.
Yearly change in FHFA’s price index in Monroe County, 2016 to 2025
2016: +4.0% +4.0% 2016
2017: +5.8% +5.8% 2017
2018: +5.7% +5.7% 2018
2019: +4.1% +4.1% 2019
2020: +3.3% +3.3% 2020
2021: +10.2% +10.2% 2021
2022: +11.1% +11.1% 2022
2023: +5.5% +5.5% 2023
2024: +5.7% +5.7% 2024
2025: +6.3% +6.3% 2025
Change in FHFA’s price index in Monroe County, Michigan and the United States
Period
County
Michigan
U.S.
Last year (2025)
+6.3%
+4.7%
+2.9%
5 years (2020–2025)
+45%
+52%
+47%
10 years (2015–2025)
+81%
+97%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Lambertville next to Monroe County, Michigan and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Lambertville$256,400
Monroe$228,900
Michigan$231,600
United States$332,700
Typical yearly household income
Lambertville$102,521
Monroe$77,335
Michigan$72,875
United States$80,734
See the full table
Lambertville next to Monroe County and Michigan
Measure
Lambertville
Monroe County
Michigan
U.S.
Typical home value
$256,400 ▲12% above the county
$228,900
$231,600
$332,700
Typical yearly household income
$102,521 ▲33% above the county
$77,335
$72,875
$80,734
Households that own their home
96% ▲14 points above the county
82%
73%
65%
Typical yearly property tax
$2,727 ▲3% above the county
$2,648
$2,904
$3,119
Effective property tax rate
1.06% ▼0.1 points below the county
1.16%
1.25%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Monroe County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Lambertville
For a typical $256,400 home in Lambertville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lambertville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,152a month
Least cash to close
Down payment
$8,974
Cash to close
$16,666
Rate
7.18%
Mortgage insurance
FHA MIP · $113
Conventional, 5% down$2,105a month
Down payment
$12,820
Cash to close
$20,512
Rate
7.18%
Mortgage insurance
PMI · $122
Conventional, 20% down, no PMI$1,723a month
Down payment
$51,280
Cash to close
$58,972
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,960a month
Down payment
$38,460
Cash to close
$46,152
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lambertville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,152
$8,974
$251,756
7.18%
FHA MIP · $113
$16,666
580
Conventional, 5% down
$2,105
$12,820
$243,580
7.18%
PMI · $122
$20,512
620*
Conventional, 20% down, no PMI
$1,723
$51,280
$205,120
7.18%
None
$58,972
620*
ITIN, 15% down (example)
$1,960
$38,460
$217,940
8.18%
None
$46,152
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
The Census Bureau publishes no typical rent for Lambertville. Below are the fair market rents for Monroe County.
HUD publishes a fair market rent for all of Monroe County, by unit size. To pay the 2-bedroom one ($1,304 a month) without spending more than 30% of your income, you would need to earn $25.08 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Monroe County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$908
$17.46
$36,320
1 bedroom
$997
$19.17
$39,880
2 bedrooms
$1,304
$25.08
$52,160
3 bedrooms
$1,595
$30.67
$63,800
4 bedrooms
$2,153
$41.40
$86,120
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Lambertville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lambertville is in ZIP code 48144.
For 2 bedrooms it is $1,350: $46 more than the fair market rent for Monroe County ($1,304).
Fair market rent by ZIP code and size in Lambertville, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
48144
$940
$1,030
$1,350
$1,650
$2,230
ZIP code2 bd3 bd
48144 $1,350$1,650
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lambertville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Monroe County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Lambertville or Monroe County. The ones below are statewide in Michigan: they work in Lambertville the same as in the rest of the state.
Michigan state agency loan of up to $10,000, with no interest and no monthly payments, for the down payment, closing costs and prepaid expenses; it goes with MSHDA's MI Home Loan mortgage and is repaid in certain cases, such as when you pay off the first mortgage, sell or refinance the home, or no longer live in it.Offered by Michigan State Housing Development Authority (MSHDA).
Michigan state authority certificate that lets you take 20% of the interest you pay each year on your mortgage off your federal taxes, for the life of the loan; you apply with an approved lender before you buy.Offered by Michigan State Housing Development Authority (MSHDA).
The HUD-approved agencies closest to the center of Lambertville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Lambertville or Monroe County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Lambertville and all of Monroe County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Lambertville?
The typical home value in Lambertville is $256,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Monroe County it is $228,900.
What is the FHA loan limit in Lambertville?
Lambertville uses the FHA limit for all of Monroe County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Lambertville?
The typical homeowner in Lambertville pays $2,727 a year, according to the U.S. Census Bureau. That is 1.06% of the home’s value; in Monroe County, the rate is 1.16%.
Where can I find free help to buy or rent in Lambertville?
There is 1 HUD-approved counseling agency with an office in Monroe County. They can help you get ready to buy, with your credit, or with rent.
