Home prices
The value of the median home in Lake Fenton is $241,700. In comparison to the surrounding areas this is approximately $71,200 (41%) higher.It is roughly $24,200 (11%) higher compared to the US as a whole, and compared to the city of Detroit it is about $192,500 (391%) higher.
Rents
In Lake Fenton the median monthly rent is $1,115. Compared to its nearby areas it is roughly $321 (40%) higher.It is roughly $53 (4%) higher in comparison to the country as a whole, and it is about $291 (35%) higher in comparison to the city of Detroit.
Nearby places
Fenton
Fenton is Lake Fenton's neighbor to the south. Its real estate prices are a lot less expensive. The median home price in Fenton is $144,600, which is $97,100 (67%) lower than Lake Fenton. The rent there is somewhat less expensive. Fenton's median rent is $1,030 per month, which works out to $85 (8%) lower than Lake Fenton.
Linden
Linden is roughly 3 miles southwest of Lake Fenton. The real estate prices there are substantially less expensive. The cost of the median home in Linden is $166,500, which works out to $75,200 (45%) lower than Lake Fenton. Rent there is significantly less expensive. In Linden the median monthly rent is $774, which works out to $341 (44%) lower than Lake Fenton.
Holly
Holly is roughly 4 miles southeast of Lake Fenton. Housing prices there are significantly less expensive. The value of the median home in Holly is $121,200, which works out to $120,500 (99%) lower than Lake Fenton. Its rents are a lot less expensive. Holly's median rent is $718 a month, which works out to $397 (55%) lower than Lake Fenton.
Grand Blanc
Grand Blanc is roughly 6 miles northeast from Lake Fenton. Its real estate prices are substantially less expensive. The median home in Grand Blanc costs $171,100, which works out to $70,600 (41%) lower than Lake Fenton. The rent there is substantially less expensive. Grand Blanc's median monthly rent is $691, which is $424 (61%) lower than Lake Fenton.
Argentine
Argentine is about 6 miles southwest of Lake Fenton. Housing prices there are pretty similar. The value of the median home in Argentine is $249,100, which is $7,400 (2%) higher than Lake Fenton. Rent there is significantly less expensive. The median rent in Argentine is $759 a month, which works out to $356 (46%) lower than Lake Fenton.
