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Fostoria, MI
Full City Profile · Michigan · Lapeer County County
3.1
/5.0
B
Good
1,081
Population
270/sq mi density
$95,491
Median Income
$33,343 per capita
$140,400
Home Value
$219,251 Zillow
$1,091
Median Rent
14.8% income on rent
48°F
Avg Temperature
260 sunny days/yr
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$95,491 median income, 9.4% unemployment
A+
Affordability
5.0 / 5.0
$140,400 home value, $1,091/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher
Housing Overview
Median Home Value
$140,400
50% below
US avg: $281,900
Median Rent
$1,091/mo
6% below
US avg: $1,163/mo
Homeownership Rate
84.4%
29% above US avg (65.4%)
Total Housing Units
338
Median year built: 1971
Home Value by Source
Census Median
$140,400
Zillow (ZHVI)
$219,251
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.4%
Owner-Occupied
15.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,091/mo
Affordability & Housing Stock
Rent Burden
14.8%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
84.4%
Complete Housing Data
Home Values
| Census Median Value | $140,400 |
| Zillow Home Value (ZHVI) | $219,251 |
Rent
| Census Median Rent | $1,091 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 84.4% |
| Renter-Occupied | 15.6% |
| Homeownership Rate | 84.4% |
| Total Housing Units | 338 |
| Median Year Built | 1971 |
| Rent Burden | 14.8% |