Home Price Key
Affordable
Average
Expensive
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 $162,320, lower than the Michigan average of $196,062.
The average cost of rent is $830/mo in Lennon, primarily driven by the current value of real estate in the Lennon area. While nearly 35.75% of residents own their homes outright in Lennon, 7.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lennon is $5,456 per month. Households that rent pay about 15.22% of their income on rent here. Lennon's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Juddville, MI: equally priced homes
- Vernon, MI: less expensive homes
- Swartz Creek, MI: less expensive homes
- Durand, MI: less expensive homes
- Kerby, MI: less expensive homes
- Flushing, MI: equally priced homes
- Gaines, MI: higher priced homes
- Corunna, MI: less expensive homes
- Shiawasseetown, MI: equally 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: less expensive homes
- Milton, NH: higher priced homes
- Lyford, TX: less expensive homes
- Nathalie, VA: less expensive homes
- Janesville, CA: higher priced homes
- North Lawrence, OH: equally priced homes
- Pierce City, MO: less expensive homes
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