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These days, finding an affordable place to live in the Fenmore area can be challenging. Home prices in Fenmore are now at a median cost of $124,943, lower than the Michigan average of $250,415.
The average cost of rent is $850/mo in Fenmore, primarily driven by the current value of real estate in the Fenmore area. In Fenmore, 12.02% of households rent, and 58.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fenmore is $4,877 per month. Households that rent pay about 17.43% of their income on rent here. Fenmore’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bannister, MI: higher priced homes
- Brant, MI: higher priced homes
- Marion Springs, MI: equally priced homes
- Elsie, MI: higher priced homes
- Oakley, MI: higher priced homes
- Henderson, MI: higher priced homes
- Ashley, MI: higher priced homes
- Sickles, MI: higher priced homes
- Rathbone, MI: higher priced homes
- Chesaning, MI: higher priced homes
Cities with Similar Populations
- Mackey, IA: higher priced homes
- Relfs Bluff, AR: higher priced homes
- Michigan City, MS: less expensive homes
- McCaskill, AR: higher priced homes
- May, MO: higher priced homes
- Maxey, TX: higher priced homes
- Masseyville, TN: higher priced homes
- Martensdale, IA: higher priced homes
- Marshall, AK: less expensive homes
- Marathon, OH: higher priced homes
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