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These days, finding an affordable place to live in the 49318 area can be challenging. Home prices in 49318 are now at a median cost of $174,148, lower than the Michigan average of $196,062.
The average cost of rent is $988/mo in 49318, primarily driven by the current value of real estate in the 49318 area. While nearly 49.62% of residents own their homes outright in 49318, 19.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49318 is $5,893 per month. Households that rent pay about 16.76% of their income on rent here. 49318's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49303, MI: less expensive homes
- 49330, MI: equally priced homes
- 49403, MI: higher priced homes
- 49451, MI: equally priced homes
- 49327, MI: less expensive homes
- 49345, MI: higher priced homes
- 49319, MI: higher priced homes
- 49343, MI: equally priced homes
- 49341, MI: higher priced homes
- 49415, MI: higher priced homes
Zip Codes with Similar Populations
- 97137, OR: higher priced homes
- 42140, KY: less expensive homes
- 83626, ID: higher priced homes
- 84537, UT: less expensive homes
- 74878, OK: less expensive homes
- 62674, IL: less expensive homes
- 57248, SD: less expensive homes
- 24946, WV: less expensive homes
- 23433, VA: higher priced homes
- 94060, CA: higher priced homes
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