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These days, finding an affordable place to live in the 49307 area can be challenging. Home prices in 49307 are now at a median cost of $146,126, lower than the Michigan average of $196,062.
The average cost of rent is $743/mo in 49307, primarily driven by the current value of real estate in the 49307 area. While nearly 42.10% of residents own their homes outright in 49307, 34.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49307 is $4,233 per month. Households that rent pay about 17.54% of their income on rent here. 49307's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49338, MI: less expensive homes
- 49342, MI: equally priced homes
- 49346, MI: higher priced homes
- 49320, MI: less expensive homes
- 49332, MI: less expensive homes
- 49336, MI: less expensive homes
- 49349, MI: less expensive homes
- 49305, MI: less expensive homes
- 49312, MI: less expensive homes
- 49340, MI: equally priced homes
Zip Codes with Similar Populations
- 75801, TX: less expensive homes
- 37771, TN: higher priced homes
- 44092, OH: higher priced homes
- 46064, IN: higher priced homes
- 48324, MI: higher priced homes
- 49321, MI: higher priced homes
- 55306, MN: higher priced homes
- 56304, MN: equally priced homes
- 60433, IL: equally priced homes
- 60478, IL: equally priced homes
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