The typical owner-occupied home in Fenton is worth about $96,300, 56% below the Louisiana median of $216,500 and 71% below the national median of $332,700. The median household earns $22,438 a year, so the median home costs 4.3 times the median income (3.6 times for Louisiana). 63% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Fenton at a glance
| Fenton | Louisiana | U.S. | |
|---|---|---|---|
| Median home value | $96,300 | $216,500 | $332,700 |
| Median property tax paid per year | – | $1,180 | $3,119 |
| Median household income | $22,438 | $60,756 | $80,734 |
| Homes lived in by their owners | 63% | 67% | 65% |
| Owner homes with a mortgage | 71% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,378 | $1,604 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 20.4% | 21.0% |
| Median rent | $631 | $1,064 | $1,413 |
| Rent as a share of renters' income | 22.9% | 32.8% | 30.6% |
| Median year homes were built | 1985 | 1983 | 1980 |
| Vacant homes | 8.2% | 14.4% | 10.1% |
| Population | 207 | 4,611,961 | 334,922,499 |
What a typical home costs per month in Fenton
At this week's average 30-year rate of 7.11%, buying the median Fenton home of $96,300 with 20% down costs about $647 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $807, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $27,714 for the 20%-down payment. That payment is 35% of the median Fenton household income of $22,438; at that income and 20% down, the 28% guideline points to a home of about $78,000.
The median rent here is $631 a month, so owning the median home costs about $16 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $19,260 |
|---|---|
| Loan amount | $77,040 |
| Principal and interest | $518 |
| Property taxes (1.10% a year) | $88 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $647 |
Change the numbers in the calculator
| Down payment | $3,370 |
|---|---|
| Loan amount | $94,556 |
| Principal and interest | $636 |
| Property taxes (1.10% a year) | $88 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $43 |
| Total per month | $807 |
Change the numbers in the calculator
Questions about home buying in Fenton
What is the median home value in Fenton?
About $96,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Fenton?
For the median home with 20% down at 7.11%, the payment is about $647 a month. Keeping that under 28% of gross income takes about $27,714 a year.
More about Fenton
- Mortgage Refinance in Fenton
- Debt Relief in Fenton
- Home Equity Loans in Fenton
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data