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These days, finding an affordable place to live in the 49106 area can be challenging. Home prices in 49106 are now at a median cost of $224,815, higher than the Michigan average of $196,062.
The average cost of rent is $950/mo in 49106, primarily driven by the current value of real estate in the 49106 area. While nearly 39.83% of residents own their homes outright in 49106, 23.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49106 is $5,972 per month. Households that rent pay about 15.91% of their income on rent here. 49106's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
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- 49129, MI: higher priced homes
Zip Codes with Similar Populations
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