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These days, finding an affordable place to live in the 49403 area can be challenging. Home prices in 49403 are now at a median cost of $296,549, higher than the Michigan average of $250,415.
The average cost of rent is $1,168/mo in 49403, primarily driven by the current value of real estate in the 49403 area. In 49403, 11.67% of households rent, and 48.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49403 is $6,793 per month. Households that rent pay about 17.19% of their income on rent here. 49403’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 49318, MI: less expensive homes
- 49404, MI: equally priced homes
- 49451, MI: less expensive homes
- 49435, MI: higher priced homes
- 49345, MI: less expensive homes
- 49330, MI: less expensive homes
- 49303, MI: less expensive homes
- 49544, MI: less expensive homes
- 49321, MI: equally priced homes
- 49448, MI: equally priced homes
Zip Codes with Similar Populations
- 84629, UT: higher priced homes
- 38229, TN: less expensive homes
- 38367, TN: less expensive homes
- 43416, OH: less expensive homes
- 46051, IN: less expensive homes
- 95329, CA: higher priced homes
- 49030, MI: less expensive homes
- 87305, NM: less expensive homes
- 55395, MN: less expensive homes
- 99556, AK: less expensive homes
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