
Expensive
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These days, finding an affordable place to live in the 49331 area can be challenging. Home prices in 49331 are now at a median cost of $269,438, higher than the Michigan average of $196,062.
The average cost of rent is $949/mo in 49331, primarily driven by the current value of real estate in the 49331 area. While nearly 31.75% of residents own their homes outright in 49331, 12.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49331 is $8,000 per month. Households that rent pay about 11.87% of their income on rent here. 49331's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 49301, MI: higher priced homes
- 48881, MI: less expensive homes
- 49302, MI: higher priced homes
- 48815, MI: less expensive homes
- 49546, MI: higher priced homes
- 48809, MI: less expensive homes
- 49512, MI: less expensive homes
- 49506, MI: higher priced homes
- 49525, MI: higher priced homes
- 49316, MI: equally priced homes
Zip Codes with Similar Populations
- 02451, MA: higher priced homes
- 77437, TX: less expensive homes
- 87532, NM: less expensive homes
- 88061, NM: less expensive homes
- 90670, CA: higher priced homes
- 33035, FL: less expensive homes
- 62298, IL: less expensive homes
- 95203, CA: equally priced homes
- 29512, SC: less expensive homes
- 28716, NC: less expensive homes
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