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These days, finding an affordable place to live in the 49345 area can be challenging. Home prices in 49345 are now at a median cost of $268,546, higher than the Michigan average of $250,415.
The average cost of rent is $985/mo in 49345, primarily driven by the current value of real estate in the 49345 area. In 49345, 11.80% of households rent, and 37.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49345 is $7,437 per month. Households that rent pay about 13.24% of their income on rent here. 49345’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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
- 49330, MI: equally priced homes
- 49321, MI: equally priced homes
- 49306, MI: higher priced homes
- 49318, MI: less expensive homes
- 49319, MI: equally priced homes
- 49403, MI: higher priced homes
- 49341, MI: higher priced homes
- 49544, MI: equally priced homes
- 49525, MI: higher priced homes
- 49303, MI: less expensive homes
Zip Codes with Similar Populations
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- 72714, AR: higher priced homes
- 73118, OK: equally priced homes
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