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These days, finding an affordable place to live in the 49042 area can be challenging. Home prices in 49042 are now at a median cost of $123,886, lower than the Michigan average of $196,062.
The average cost of rent is $709/mo in 49042, primarily driven by the current value of real estate in the 49042 area. While nearly 48.63% of residents own their homes outright in 49042, 20.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49042 is $5,077 per month. Households that rent pay about 13.96% of their income on rent here. 49042's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49099, MI: higher priced homes
- 49093, MI: higher priced homes
- 49061, MI: higher priced homes
- 49032, MI: higher priced homes
- 49130, MI: higher priced homes
- 49095, MI: higher priced homes
- 46507, IN: higher priced homes
- 49075, MI: higher priced homes
- 49091, MI: higher priced homes
- 46746, IN: higher priced homes
Zip Codes with Similar Populations
- 10464, NY: higher priced homes
- 01535, MA: higher priced homes
- 10916, NY: higher priced homes
- 97458, OR: higher priced homes
- 03234, NH: higher priced homes
- 88230, NM: less expensive homes
- 08514, NJ: higher priced homes
- 03861, NH: higher priced homes
- 04042, ME: higher priced homes
- 60472, IL: less expensive homes
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