Lake Fenton, MI Real Estate
According to census data in the year 2000 there were 2,088 housing units in Lake Fenton.
This represents a 25% growth from 1,671 in 1990.
Of those housing units, 2,088 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Fenton is about 92.9%.
Lake Fenton's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Lake Fenton were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||8.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.59|
|Median year structure was built||1974|
|Median Value of occupied units||$207,200|
|Median Price asked for vacant units||$556,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.33|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$475|
Owners Finance Status
|Second Mortgage & Equity Loan||2.30%|
|Home Equity Loan||9%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.7%|