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Lennon village, MI

ZIP 48449 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48449

Median Home Value
$141,400
Median Rent
$617
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$908/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48449 in Lennon village, MI, a household would need roughly $39,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $908. That sits below the local median household income ($65,735), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
87.8%+34% vs US avg
x
Vacancy Rate
7.3%-29% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
3.8%-70% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
13.2%-73% vs US avg
x
Mortgage-Free
42.9%+12% vs US avg
x
$141,400
Home Value
$617
Rent
1973
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.7%
  • 1-unit attached0.0%
  • 2-9 units3.6%
  • 10+ units0.0%
  • Mobile home & other28.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$141,400
Median rent$617
Owner-occupied87.8%
Vacant7.3%
Price-to-income2.2x
Est. income to buy$39,000