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These days, finding an affordable place to live in the 49053 area can be challenging. Home prices in 49053 are now at a median cost of $172,531, lower than the Michigan average of $196,062.
The average cost of rent is $761/mo in 49053, primarily driven by the current value of real estate in the 49053 area. While nearly 46.45% of residents own their homes outright in 49053, 20.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49053 is $5,837 per month. Households that rent pay about 13.03% of their income on rent here. 49053's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 49048, MI: less expensive homes
- 49083, MI: higher priced homes
- 49034, MI: equally priced homes
- 49074, MI: less expensive homes
- 49012, MI: higher priced homes
- 49001, MI: less expensive homes
- 49004, MI: equally priced homes
- 49088, MI: higher priced homes
- 49007, MI: less expensive homes
- 49008, MI: equally priced homes
Zip Codes with Similar Populations
- 30683, GA: equally priced homes
- 95324, CA: higher priced homes
- 97146, OR: higher priced homes
- 37330, TN: less expensive homes
- 37030, TN: equally priced homes
- 36401, AL: less expensive homes
- 01775, MA: higher priced homes
- 32618, FL: less expensive homes
- 32465, FL: equally priced homes
- 32266, FL: higher priced homes
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