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These days, finding an affordable place to live in the 49312 area can be challenging. Home prices in 49312 are now at a median cost of $115,437, lower than the Michigan average of $196,062.
The average cost of rent is $805/mo in 49312, primarily driven by the current value of real estate in the 49312 area. While nearly 53.31% of residents own their homes outright in 49312, 12.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49312 is $3,809 per month. Households that rent pay about 21.14% of their income on rent here. 49312's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
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- 49346, MI: higher priced homes
- 49342, MI: higher priced homes
- 49420, MI: equally priced homes
Zip Codes with Similar Populations
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- 67447, KS: higher priced homes
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