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These days, finding an affordable place to live in the 49262 area can be challenging. Home prices in 49262 are now at a median cost of $119,877, lower than the Michigan average of $196,062.
The average cost of rent is $730/mo in 49262, primarily driven by the current value of real estate in the 49262 area. While nearly 42.17% of residents own their homes outright in 49262, 19.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49262 is $4,165 per month. Households that rent pay about 17.53% of their income on rent here. 49262's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49249, MI: higher priced homes
- 49282, MI: higher priced homes
- 49266, MI: higher priced homes
- 49250, MI: equally priced homes
- 49242, MI: higher priced homes
- 49220, MI: higher priced homes
- 49271, MI: equally priced homes
- 49233, MI: higher priced homes
- 49247, MI: equally priced homes
- 49253, MI: higher priced homes
Zip Codes with Similar Populations
- 05340, VT: higher priced homes
- 14066, NY: less expensive homes
- 14723, NY: less expensive homes
- 61234, IL: equally priced homes
- 64861, MO: equally priced homes
- 64738, MO: higher priced homes
- 63944, MO: equally priced homes
- 63940, MO: equally priced homes
- 63939, MO: less expensive homes
- 63932, MO: less expensive homes
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