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These days, finding an affordable place to live in the Kenton area can be challenging. Home prices in Kenton are now at a median cost of $117,712, lower than the Michigan average of $250,415.
The average cost of rent is $896/mo in Kenton, primarily driven by the current value of real estate in the Kenton area. In Kenton, 5.38% of households rent, and 61.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kenton is $4,659 per month. Households that rent pay about 19.23% of their income on rent here. Kenton’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trout Creek, MI: equally priced homes
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- Mass City, MI: equally priced homes
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Cities with Similar Populations
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- Fitzhugh, AR: higher priced homes
- Fish Creek Landing, NY: higher priced homes
- Fife, TX: higher priced homes
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