Leonard, MI
Full City Profile · Michigan · Oakland County County
4.5
/5.0
A+
Excellent
359
Population
363/sq mi density
$91,250
Median Income
$37,458 per capita
$243,800
Home Value
$528,117 Zillow
48°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Economy
4.3 / 5.0
$91,250 median income, 5.6% unemployment
A+
Affordability
5.0 / 5.0
$243,800 home value, /mo rent
A
Education
4.1 / 5.0
38.3% bachelor's degree or higher
Housing Overview
Median Home Value
$243,800
14% below
US avg: $281,900
Homeownership Rate
96.8%
48% above US avg (65.4%)
Total Housing Units
138
Median year built: 1965
Home Value by Source
Census Median
$243,800
Zillow (ZHVI)
$528,117
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.8%
Owner-Occupied
3.2%
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
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
96.8%
Complete Housing Data
Home Values
| Census Median Value | $243,800 |
| Zillow Home Value (ZHVI) | $528,117 |
Rent
| 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 | 96.8% |
| Renter-Occupied | 3.2% |
| Homeownership Rate | 96.8% |
| Total Housing Units | 138 |
| Median Year Built | 1965 |
| Rent Burden | 32.5% |