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These days, finding an affordable place to live in the 49107 area can be challenging. Home prices in 49107 are now at a median cost of $155,784, lower than the Michigan average of $196,062.
The average cost of rent is $784/mo in 49107, primarily driven by the current value of real estate in the 49107 area. While nearly 41.05% of residents own their homes outright in 49107, 18.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49107 is $4,791 per month. Households that rent pay about 16.37% of their income on rent here. 49107's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 49113, MI: equally priced homes
- 49120, MI: equally priced homes
- 49103, MI: higher priced homes
- 49104, MI: equally priced homes
- 49119, MI: higher priced homes
- 49101, MI: higher priced homes
- 49102, MI: less expensive homes
- 46628, IN: less expensive homes
- 46637, IN: equally priced homes
- 49125, MI: higher priced homes
Zip Codes with Similar Populations
- 08106, NJ: higher priced homes
- 10930, NY: higher priced homes
- 11096, NY: higher priced homes
- 69301, NE: less expensive homes
- 71463, LA: less expensive homes
- 68467, NE: less expensive homes
- 67410, KS: equally priced homes
- 64076, MO: higher priced homes
- 63144, MO: higher priced homes
- 63143, MO: higher priced homes
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