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These days, finding an affordable place to live in the 49043 area can be challenging. Home prices in 49043 are now at a median cost of $166,358, lower than the Michigan average of $250,415.
The average cost of rent is $918/mo in 49043, primarily driven by the current value of real estate in the 49043 area. In 49043, 40.39% of households rent, and 53.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49043 is $3,236 per month. Households that rent pay about 28.38% of their income on rent here. 49043’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 49038, MI: higher priced homes
- 49098, MI: equally priced homes
- 49090, MI: higher priced homes
- 49057, MI: less expensive homes
- 49013, MI: equally priced homes
- 49084, MI: higher priced homes
- 49027, MI: higher priced homes
- 49064, MI: equally priced homes
- 49022, MI: less expensive homes
- 49026, MI: equally priced homes
Zip Codes with Similar Populations
- 64725, MO: higher priced homes
- 35073, AL: less expensive homes
- 36276, AL: higher priced homes
- 38255, TN: less expensive homes
- 01515, MA: higher priced homes
- 38774, MS: less expensive homes
- 42058, KY: less expensive homes
- 42234, KY: higher priced homes
- 45303, OH: equally priced homes
- 45767, OH: less expensive homes
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