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 Size

Housing Units by Size
Studio Type2.30%
One Bedroom3.20%
Two Bedrooms12.30%
Three Bedrooms54.60%
Four Bedrooms19.10%
Five Bedrooms or more8.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1974
Median Value of occupied units$207,200
Median Price asked for vacant units$556,800

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1964
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.30%
Second Mortgage3.80%
Home Equity Loan9%
Simple Mortgage57%
Debt Free27.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%