Affordable
Expensive
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These days, finding an affordable place to live in the 49406 area can be challenging. Home prices in 49406 are now at a median cost of $274,192, higher than the Michigan average of $196,062.
The average cost of rent is $729/mo in 49406, primarily driven by the current value of real estate in the 49406 area. While nearly 41.85% of residents own their homes outright in 49406, 18.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49406 is $6,183 per month. Households that rent pay about 11.80% of their income on rent here. 49406's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49453, MI: higher priced homes
- 49408, MI: less expensive homes
- 49416, MI: less expensive homes
- 49434, MI: equally priced homes
- 49423, MI: less expensive homes
- 49419, MI: less expensive homes
- 49010, MI: less expensive homes
- 49328, MI: less expensive homes
- 49323, MI: less expensive homes
- 49335, MI: less expensive homes
Zip Codes with Similar Populations
- 04284, ME: equally priced homes
- 97110, OR: higher priced homes
- 04631, ME: less expensive homes
- 04863, ME: higher priced homes
- 05455, VT: equally priced homes
- 95962, CA: higher priced homes
- 10518, NY: higher priced homes
- 10969, NY: higher priced homes
- 12076, NY: less expensive homes
- 13796, NY: less expensive homes
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