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These days, finding an affordable place to live in the 49342 area can be challenging. Home prices in 49342 are now at a median cost of $199,260, lower than the Michigan average of $250,415.
The average cost of rent is $845/mo in 49342, primarily driven by the current value of real estate in the 49342 area. In 49342, 10.27% of households rent, and 53.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49342 is $5,584 per month. Households that rent pay about 15.13% of their income on rent here. 49342’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 49320, MI: equally priced homes
- 49332, MI: less expensive homes
- 49346, MI: equally priced homes
- 49307, MI: equally priced homes
- 49305, MI: less expensive homes
- 49340, MI: equally priced homes
- 49338, MI: less expensive homes
- 49336, MI: less expensive homes
- 48893, MI: less expensive homes
- 49310, MI: equally priced homes
Zip Codes with Similar Populations
- 18629, PA: higher priced homes
- 35618, AL: less expensive homes
- 35035, AL: less expensive homes
- 31698, GA: higher priced homes
- 96781, HI: higher priced homes
- 98638, WA: higher priced homes
- 99173, WA: higher priced homes
- 29545, SC: less expensive homes
- 18832, PA: less expensive homes
- 18617, PA: less expensive homes
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