101st most affordable of 199 in Metro Detroit
Cost of Living in Fenton, MI
A typical home in Fenton costs about $1,381 a month, 20.7% of the median household income of $80,000. That makes Fenton the 32nd most affordable of 56 places in Oakland County and 101st of 199 across Metro Detroit.
- Median rent a month
- $1,275
- Median home value
- $235,900
- Owner cost with a mortgage
- $1,487
- Of income on housing
- 20.7%
Fenton against Oakland County and the metro
| Census median | Fenton | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $1,275 | $1,376 | $1,207 |
| Median home value | $235,900 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $1,487 | $1,998 | $1,720 |
| Median household income (yearly) | $80,000 | $97,760 | $76,664 |
| Share of income on housing | 20.7% | 20.7% | 22.9% |
Ranked 32nd most affordable of 56 in Oakland County. See all 56.
Cost of living near Fenton
The towns around Fenton, each with its own page.
- Rose Township Rent $1,150 · Home $345,100 38th most affordable in the metro
- Holly Township Rent $997 · Home $240,800 105th most affordable in the metro
- Tyrone Township Rent $1,750 · Home $370,600 132nd most affordable in the metro
- Holly Rent $992 · Home $192,300 154th most affordable in the metro
- Deerfield Township Livingston Rent $0 · Home $326,500 76th most affordable in the metro
- Hartland Township Rent $1,346 · Home $378,300 51st most affordable in the metro
- Groveland Township Rent $1,584 · Home $342,500 91st most affordable in the metro
- Highland Township Rent $1,048 · Home $330,800 58th most affordable in the metro
Living in Fenton
- Homes for sale in Fenton Listings and off-market deals
- Rentals in Fenton Houses and apartments for rent
- Fenton crime rate From Fenton's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Fenton city guide Pros, homes and city services
Fenton cost of living questions
5 questions
Is Fenton, MI expensive to live in?
A typical home in Fenton takes 20.7% of the median household income, against 22.9% across Metro Detroit, which ranks it 101st most affordable of 199 places.
What is the average rent in Fenton?
The median gross rent is $1,275 a month, rent plus the utilities the renter pays, 6% above the metro.
How much does a house cost in Fenton?
Owners put the median home value at $235,900, 6% below the metro. With a mortgage, the median owner pays $1,487 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Fenton?
Spending no more than 30% of income on housing, the usual rule, a typical Fenton home at $1,381 a month calls for about $55,000 a year. The median household here earns $80,000.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Fenton. They are medians, half above and half below, and today's listings and rents can differ.
Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.