What is the median rent in Lake Fenton, MI?
The median gross rent in Lake Fenton, MI is $1,547 (±$200) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 348 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Fenton, the median gross rent went from $1,115 in 2015–2019 to $1,547 in 2020–2024 (+38.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,547 (±$200)
- Rented homes
- 348 (±117)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +38.7%
How much rent costs in Lake Fenton
| Monthly gross rent | Lake Fenton | Genesee County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 3.7% (±5.8 points) | 7.8% | 8.3% | 6.3% |
| $500 to $999 | 7.5% (±7.0 points) | 43.5% | 30.1% | 20.2% |
| $1,000 to $1,499 | 33.6% (±19.3 points) | 38.6% | 38.4% | 28.1% |
| $1,500 to $1,999 | 55.2% (±23.1 points) | 6.7% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±8.3 points) | 1.6% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±8.3 points) | 1.1% | 1.4% | 5.5% |
| $3,000 or more | 0.0% (±8.3 points) | 0.6% | 1.7% | 6.8% |
The most common range is $1,500 to $1,999, paid by 55.2% of renting households.
0.0% of rented homes in Lake Fenton cost $2,000 or more a month.
Lake Fenton against Genesee County, its state and the nation
| Lake Fenton | Genesee County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $1,547 (±$200) | $989 (±$19) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 348 (±117) | 46,352 (±1,157) | 1,032,697 (±7,764) | 42,849,984 |
In Lake Fenton, median gross rent is higher than in Genesee County ($989).
It is also higher than in Michigan ($1,129).
It is not measurably different from the national figure ($1,413).
In Genesee County, Lake Fenton ranks 1 of 3 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 4 of 65.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Fenton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,115 (±$800) | $1,547 (±$200) | +38.7% | No measurable change after inflation |
| Households that rent | 12.0% (±4.5 points) | 12.6% (±4.2 points) | +0.6 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±9.0 points) | 0.0% (±8.3 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Lake Fenton
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Fenton | — | $1,547 (±$200) | — |
| Fenton | 3.1 mi | $1,275 (±$105) | Lower |
| Linden | 4.0 mi | $809 (±$179) | Lower |
| Holly Township | 4.3 mi | $997 (±$206) | Lower |
| Mundy Township | 4.9 mi | $1,158 (±$53) | Lower |
| Holly | 5.5 mi | $992 (±$274) | Lower |
| Grand Blanc Charter Township | 6.2 mi | $1,173 (±$44) | Lower |
| Argentine | 7.5 mi | $841 (±$155) | Lower |
| Tyrone Township (Livingston County) | 7.6 mi | $1,750 (±$84) | Not measurably different |
Nearby places with a measurably lower figure: Fenton, MI ($1,275), Linden, MI ($809), Holly Township, MI ($997).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Genesee County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Lake Fenton | $1,547 (±$200) |
| 2 | Beecher | $906 (±$79) |
| 3 | Argentine | $841 (±$155) |
Lake Fenton is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Fenton Charter Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake Fenton
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Lake Fenton, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lake Fenton beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Lake Fenton, and send estimates and invoices from your phone.
Questions about Lake Fenton
What is the average rent in Lake Fenton, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Fenton is $1,547 (±$200) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lake Fenton?
In Lake Fenton, the median gross rent went from $1,115 in 2015–2019 to $1,547 in 2020–2024 (+38.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Lake Fenton cost more than $2,000 a month?
0.0% of rented homes in Lake Fenton have a gross rent of $2,000 or more a month, and 3.7% cost less than $500.
Is rent in Lake Fenton higher than in Genesee County?
In Lake Fenton, median gross rent is higher than in Genesee County ($989).
It is also higher than in Michigan ($1,129).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Fenton CDP, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Fenton CDP, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Fenton CDP, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Fenton CDP, Michigan (place:44520, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lake Fenton at a glance
- Rent by bedrooms in Lake Fenton
- Renters and owners in Lake Fenton
- Income and affordability in Lake Fenton
- Home values in Lake Fenton
- Homeowner costs in Lake Fenton
- Property taxes in Lake Fenton
- Types of homes in Lake Fenton
- Bedrooms in Lake Fenton
- Age of homes in Lake Fenton
- Heating fuel in Lake Fenton
- Commute and cars in Lake Fenton
- Population growth in Lake Fenton
- How long people stay in Lake Fenton
- Crowding and facilities in Lake Fenton
- Michigan landlord and tenant rules
- Housing across Genesee County
- Michigan places ranked by median rent
- Housing data for every place in Michigan