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These days, finding an affordable place to live in the 49203 area can be challenging. Home prices in 49203 are now at a median cost of $119,049, lower than the Michigan average of $196,062.
The average cost of rent is $1,060/mo in 49203, primarily driven by the current value of real estate in the 49203 area. While nearly 41.37% of residents own their homes outright in 49203, 30.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49203 is $4,553 per month. Households that rent pay about 23.28% of their income on rent here. 49203's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 49201, MI: higher priced homes
- 49202, MI: less expensive homes
- 49254, MI: higher priced homes
- 49283, MI: higher priced homes
- 49234, MI: higher priced homes
- 49246, MI: higher priced homes
- 49269, MI: higher priced homes
- 49261, MI: higher priced homes
- 49277, MI: higher priced homes
- 49272, MI: higher priced homes
Zip Codes with Similar Populations
- 58503, ND: higher priced homes
- 10026, NY: higher priced homes
- 76106, TX: equally priced homes
- 19901, DE: higher priced homes
- 33813, FL: higher priced homes
- 98168, WA: higher priced homes
- 78717, TX: higher priced homes
- 38018, TN: higher priced homes
- 27030, NC: higher priced homes
- 90005, CA: higher priced homes
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