The median home in Fenton, Michigan is valued at $343,071, up 4.1% year over year. Typical monthly rent is $1,512, producing a price-to-rent ratio of 18.9x — near the national average of 18x. Fenton is part of the Detroit-Warren-Dearborn, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Detroit-Warren-Dearborn, MI stress score, crash risk, and 12-month forecast →

Home Value$343,071

+4.1%

Rent$1,512/mo

AFFORDABILITY

Enter your income for Fenton.

Income (annual)

Down Payment

$68,614 on $343,071

Out of reach — 36.9% of income

Need $98,914/yr to afford.

PITI$2,308

P/I36.9%

Afford$260K

Gap-$83K

P&I $1,735Tax $440Ins $133

Renting $796/mo cheaper ($1,512 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Fenton with other housing markets across Michigan.

Lake Angelus$1659K Leland$1097K Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Detroit-Warren-Dearborn, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Detroit-Warren-Dearborn, MI metro.

View Detroit-Warren-Dearborn, MI metro →

FENTON, MI