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These days, finding an affordable place to live in the 49405 area can be challenging. Home prices in 49405 are now at a median cost of $130,727, lower than the Michigan average of $196,062.
The average cost of rent is $759/mo in 49405, primarily driven by the current value of real estate in the 49405 area. While nearly 45.64% of residents own their homes outright in 49405, 13.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49405 is $4,537 per month. Households that rent pay about 16.72% of their income on rent here. 49405's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49458, MI: less expensive homes
- 49454, MI: equally priced homes
- 49410, MI: less expensive homes
- 49402, MI: equally priced homes
- 49431, MI: higher priced homes
- 49304, MI: less expensive homes
- 49642, MI: less expensive homes
- 49656, MI: less expensive homes
- 49623, MI: less expensive homes
- 49677, MI: less expensive homes
Zip Codes with Similar Populations
- 04684, ME: higher priced homes
- 04941, ME: higher priced homes
- 08310, NJ: higher priced homes
- 08326, NJ: higher priced homes
- 12870, NY: higher priced homes
- 13343, NY: equally priced homes
- 58790, ND: higher priced homes
- 68715, NE: higher priced homes
- 67642, KS: less expensive homes
- 67473, KS: less expensive homes
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