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Leonard, MI

Full City Profile · Michigan · Oakland County County

3.7 /5.0
B+ Good
359 Population 363/sq mi density
$91,250 Median Income $37,458 per capita
$243,800 Home Value $501,155 Zillow
49°F Avg Temperature 260 sunny days/yr
225 Violent Crime/100K 2,661 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$91,250 median income, 3.4% unemployment
A+
Affordability
5.0 / 5.0
$243,800 home value, /mo rent
F
Safety
1.0 / 5.0
225 violent crimes/100K
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)
$501,155
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

96.8%
Owner-Occupied
3.2%
Renter-Occupied
97%
3%
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)$501,155

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-Occupied96.8%
Renter-Occupied3.2%
Homeownership Rate96.8%
Total Housing Units138
Median Year Built1965
Rent Burden32.5%