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These days, finding an affordable place to live in the 49061 area can be challenging. Home prices in 49061 are now at a median cost of $185,867, lower than the Michigan average of $196,062.
The average cost of rent is $736/mo in 49061, primarily driven by the current value of real estate in the 49061 area. While nearly 47.27% of residents own their homes outright in 49061, 12.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49061 is $6,174 per month. Households that rent pay about 11.91% of their income on rent here. 49061's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 49095, MI: equally priced homes
- 49130, MI: higher priced homes
- 49042, MI: less expensive homes
- 49031, MI: equally priced homes
- 49099, MI: less expensive homes
- 49093, MI: less expensive homes
- 46507, IN: equally priced homes
- 49112, MI: equally priced homes
- 46514, IN: less expensive homes
- 49032, MI: less expensive homes
Zip Codes with Similar Populations
- 69165, NE: equally priced homes
- 31025, GA: higher priced homes
- 35974, AL: less expensive homes
- 36767, AL: less expensive homes
- 40144, KY: less expensive homes
- 43360, OH: equally priced homes
- 43732, OH: less expensive homes
- 48742, MI: less expensive homes
- 48865, MI: less expensive homes
- 49029, MI: less expensive homes
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