Housing costs in Fenton?
A typical home costs
$316,000, which is 6.5% less expensive than the national average of
$338,100 and 44.5% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Fenton costs
$1,320 per month, which is 20.0% more than the national average of
$1,100 and 28.8% more than the state average of
$940.
Can I afford Fenton?
To live comfortably in Fenton (zip 48430), Michigan, a minimum annual income of
$60,480 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Fenton?
The cost of living in 48430 Fenton, MI is relatively affordable compared to other similar cities. Housing prices are generally lower than the national average, with median home values being just under $166,000 and median rents coming in at around $800 a month. Other costs such as food, transportation, healthcare, and utilities are also slightly lower than the national average. Overall, 48430 Fenton is an affordable place to live for families and individuals alike.