Similar to its surrounding areas, it is substantially less expensive compared to the US as a whole. Compared to the city of Detroit however, it's significantly more expensive.
Home prices
The median home in Lennon costs $97,300. It is roughly $1,840 (1%) lower compared to its nearby areas.It is roughly $120,200 (55%) lower compared to the rest of the nation, and is roughly $48,100 (97%) higher in comparison to the city of Detroit.
Rents
The median monthly rent in Lennon is $877. Compared to other places in this area it is approximately $149 (20%) higher.It is approximately $185 (17%) lower compared to the rest of the nation, and in comparison to the city of Detroit it is about $53 (6%) higher.
Nearby places
Swartz Creek
Swartz Creek is roughly 4 miles east from Lennon. The housing prices there are somewhat more expensive. The median home in Swartz Creek costs $118,400, which works out to $21,100 (17%) higher than Lennon. Rents there are a bit less expensive. In Swartz Creek the median monthly rent is $789, which works out to $88 (11%) lower than Lennon.
Vernon
Vernon is approximately 5 miles southwest from Lennon. Its real estate prices are fairly similar. The median home in Vernon is valued at $97,200, which is very similar to Lennon. Rents there are somewhat less expensive. The median monthly rent in Vernon is $725, which works out to $152 (20%) lower than Lennon.
Durand
Durand is about 5 miles southwest from Lennon. Housing prices there are a bit less expensive. The value of the median home in Durand is $74,100, which is $23,200 (31%) lower than Lennon. Rents there are somewhat less expensive. Durand's median rent is $747 a month, which comes out to $130 (17%) lower than Lennon.
Flushing
Flushing is about 6 miles northeast of Lennon. Its housing prices are a bit more expensive. The median home cost in Flushing is $120,300, which is $23,000 (19%) higher than Lennon. Its rents are somewhat less expensive. Flushing's median rent is $739 per month, which works out to $138 (18%) lower than Lennon.
Gaines
Gaines is about 7 miles south of Lennon. The real estate prices there are somewhat less expensive. The median home in Gaines is valued at $85,700, which works out to $11,600 (13%) lower than Lennon. The rent there is a lot less expensive. Gaines's median rent is $640 a month, which is $237 (37%) lower than Lennon.