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These days, finding an affordable place to live in the 49347 area can be challenging. Home prices in 49347 are now at a median cost of $120,583, lower than the Michigan average of $196,062.
The average cost of rent is $845/mo in 49347, primarily driven by the current value of real estate in the 49347 area. While nearly 38.54% of residents own their homes outright in 49347, 13.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49347 is $5,372 per month. Households that rent pay about 15.73% of their income on rent here. 49347's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49322, MI: higher priced homes
- 49326, MI: higher priced homes
- 49339, MI: higher priced homes
- 48850, MI: equally priced homes
- 49329, MI: higher priced homes
- 49343, MI: higher priced homes
- 48885, MI: higher priced homes
- 48886, MI: equally priced homes
- 48888, MI: equally priced homes
- 49319, MI: higher priced homes
Zip Codes with Similar Populations
- 15015, PA: higher priced homes
- 18812, PA: higher priced homes
- 20686, MD: higher priced homes
- 75932, TX: higher priced homes
- 78057, TX: higher priced homes
- 74766, OK: less expensive homes
- 73552, OK: higher priced homes
- 72482, AR: less expensive homes
- 71763, AR: less expensive homes
- 69347, NE: less expensive homes
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