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Affordable
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These days, finding an affordable place to live in the 49027 area can be challenging. Home prices in 49027 are now at a median cost of $183,700, lower than the Michigan average of $250,415.
The average cost of rent is $870/mo in 49027, primarily driven by the current value of real estate in the 49027 area. In 49027, 15.67% of households rent, and 42.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49027 is $5,382 per month. Households that rent pay about 16.17% of their income on rent here. 49027’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 49013, MI: less expensive homes
- 49056, MI: less expensive homes
- 49026, MI: less expensive homes
- 49064, MI: equally priced homes
- 49450, MI: less expensive homes
- 49090, MI: higher priced homes
- 49043, MI: less expensive homes
- 49055, MI: equally priced homes
- 49079, MI: higher priced homes
- 49038, MI: higher priced homes
Zip Codes with Similar Populations
- 58748, ND: higher priced homes
- 53928, WI: higher priced homes
- 54127, WI: higher priced homes
- 54985, WI: higher priced homes
- 55111, MN: higher priced homes
- 55784, MN: higher priced homes
- 56089, MN: higher priced homes
- 56328, MN: higher priced homes
- 56688, MN: higher priced homes
- 57214, SD: less expensive homes
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