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These days, finding an affordable place to live in the 49340 area can be challenging. Home prices in 49340 are now at a median cost of $139,336, lower than the Michigan average of $196,062.
The average cost of rent is $649/mo in 49340, primarily driven by the current value of real estate in the 49340 area. While nearly 51.13% of residents own their homes outright in 49340, 13.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49340 is $4,623 per month. Households that rent pay about 14.03% of their income on rent here. 49340's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 49332, MI: less expensive homes
- 49310, MI: equally priced homes
- 48893, MI: equally priced homes
- 49305, MI: less expensive homes
- 49342, MI: equally priced homes
- 48896, MI: less expensive homes
- 49346, MI: higher priced homes
- 49320, MI: equally priced homes
- 48858, MI: higher priced homes
- 49336, MI: less expensive homes
Zip Codes with Similar Populations
- 75422, TX: higher priced homes
- 04461, ME: equally priced homes
- 04619, ME: less expensive homes
- 04756, ME: less expensive homes
- 40740, KY: less expensive homes
- 96114, CA: higher priced homes
- 36925, AL: less expensive homes
- 23870, VA: less expensive homes
- 13461, NY: higher priced homes
- 04579, ME: higher priced homes
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