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These days, finding an affordable place to live in the Lennon area can be challenging. Home prices in Lennon are now at a median cost of $180,625, lower than the Michigan average of $250,415.
The average cost of rent is $906/mo in Lennon, primarily driven by the current value of real estate in the Lennon area. In Lennon, 10.28% of households rent, and 39.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lennon is $5,962 per month. Households that rent pay about 15.19% of their income on rent here. Lennon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Juddville, MI: higher priced homes
- Vernon, MI: less expensive homes
- Swartz Creek, MI: higher priced homes
- Durand, MI: equally priced homes
- Kerby, MI: equally priced homes
- Flushing, MI: higher priced homes
- Gaines, MI: higher priced homes
- Corunna, MI: equally priced homes
- Shiawasseetown, MI: higher priced homes
- Rankin, MI: higher priced homes
Cities with Similar Populations
- Horton, MI: higher priced homes
- Downsville, LA: equally priced homes
- Grantham, NH: higher priced homes
- Franklin Furnace, OH: equally priced homes
- Milton, NH: higher priced homes
- Lyford, TX: less expensive homes
- Nathalie, VA: less expensive homes
- Janesville, CA: higher priced homes
- North Lawrence, OH: higher priced homes
- Pierce City, MO: equally priced homes
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