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Lake Fenton, MI
Full City Profile · Michigan · Livingston County County
3.9
/5.0
B+
Good
6,168
Population
1,117/sq mi density
$112,676
Median Income
$80,622 per capita
$372,800
Home Value
$348,401 Zillow
$1,343
Median Rent
34.0% income on rent
47°F
Avg Temperature
260 sunny days/yr
139
Violent Crime/100K
1,934 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$112,676 median income, 1.8% unemployment
A+
Affordability
4.8 / 5.0
$372,800 home value, $1,343/mo rent
F
Safety
1.0 / 5.0
139 violent crimes/100K
A+
Education
4.9 / 5.0
48.2% bachelor's degree or higher
Housing Overview
Median Home Value
$372,800
32% above
US avg: $281,900
Median Rent
$1,343/mo
15% above
US avg: $1,163/mo
Homeownership Rate
89.4%
37% above US avg (65.4%)
Total Housing Units
2,770
Median year built: 1993
Home Value by Source
Census Median
$372,800
Zillow (ZHVI)
$348,401
Median Sale Price
$515,000
Median List Price
$534,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.4%
Owner-Occupied
10.6%
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:
$1,343/mo
Market Indicators (Redfin)
Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
12.5%
of listings with price reduction
Price Per Sq Ft
$251
Active Inventory
24
homes for sale
Affordability & Housing Stock
Rent Burden
34.0%
of renters spending 30%+ of income on housing
10% above US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
89.4%
Complete Housing Data
Home Values
| Census Median Value | $372,800 |
| Zillow Home Value (ZHVI) | $348,401 |
| Median Sale Price | $515,000 |
| Median List Price | $534,999 |
| Price Per Sq Ft | $251 |
Rent
| Census Median Rent | $1,343 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 121 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 12.5% |
| Homes Sold | 2 |
| Active Inventory | 24 |
| Price Per Sq Ft | $251 |
Ownership & Stock
| Owner-Occupied | 89.4% |
| Renter-Occupied | 10.6% |
| Homeownership Rate | 89.4% |
| Total Housing Units | 2,770 |
| Median Year Built | 1993 |
| Rent Burden | 34.0% |