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These days, finding an affordable place to live in the 49408 area can be challenging. Home prices in 49408 are now at a median cost of $190,334, lower than the Michigan average of $196,062.
The average cost of rent is $830/mo in 49408, primarily driven by the current value of real estate in the 49408 area. While nearly 42.89% of residents own their homes outright in 49408, 13.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49408 is $5,703 per month. Households that rent pay about 14.56% of their income on rent here. 49408's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49406, MI: higher priced homes
- 49453, MI: higher priced homes
- 49416, MI: equally priced homes
- 49450, MI: less expensive homes
- 49419, MI: higher priced homes
- 49056, MI: less expensive homes
- 49010, MI: less expensive homes
- 49328, MI: equally priced homes
- 49078, MI: less expensive homes
- 49070, MI: less expensive homes
Zip Codes with Similar Populations
- 04107, ME: higher priced homes
- 06013, CT: higher priced homes
- 08823, NJ: higher priced homes
- 49738, MI: less expensive homes
- 72007, AR: equally priced homes
- 71241, LA: less expensive homes
- 68110, NE: less expensive homes
- 60041, IL: equally priced homes
- 57719, SD: equally priced homes
- 56011, MN: higher priced homes
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