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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 $199,109, lower than the Michigan average of $250,415.
The average cost of rent is $927/mo in 49107, primarily driven by the current value of real estate in the 49107 area. In 49107, 21.93% of households rent, and 40.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49107 is $5,406 per month. Households that rent pay about 17.15% of their income on rent here. 49107’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 49113, MI: equally priced homes
- 49120, MI: equally priced homes
- 49103, MI: higher priced homes
- 49104, MI: higher priced homes
- 49119, MI: equally priced homes
- 49101, MI: higher priced homes
- 49102, MI: equally priced homes
- 46628, IN: less expensive homes
- 46637, IN: higher 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: equally priced homes
- 67410, KS: less expensive homes
- 64076, MO: higher priced homes
- 63144, MO: higher priced homes
- 63143, MO: higher priced homes
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