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These days, finding an affordable place to live in the 49261 area can be challenging. Home prices in 49261 are now at a median cost of $197,147, higher than the Michigan average of $196,062.
The average cost of rent is $887/mo in 49261, primarily driven by the current value of real estate in the 49261 area. While nearly 41.19% of residents own their homes outright in 49261, 14.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49261 is $5,601 per month. Households that rent pay about 15.84% of their income on rent here. 49261's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 49263, MI: equally priced homes
- 49230, MI: equally priced homes
- 49254, MI: less expensive homes
- 49234, MI: higher priced homes
- 49240, MI: higher priced homes
- 49233, MI: equally priced homes
- 49201, MI: less expensive homes
- 49203, MI: less expensive homes
- 48158, MI: higher priced homes
- 49202, MI: less expensive homes
Zip Codes with Similar Populations
- 57748, SD: less expensive homes
- 56249, MN: less expensive homes
- 56276, MN: less expensive homes
- 56546, MN: higher priced homes
- 56574, MN: less expensive homes
- 99566, AK: higher priced homes
- 56627, MN: less expensive homes
- 57051, SD: less expensive homes
- 57272, SD: higher priced homes
- 99335, WA: higher priced homes
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