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These days, finding an affordable place to live in the 49431 area can be challenging. Home prices in 49431 are now at a median cost of $183,311, lower than the Michigan average of $196,062.
The average cost of rent is $797/mo in 49431, primarily driven by the current value of real estate in the 49431 area. While nearly 50.46% of residents own their homes outright in 49431, 23.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49431 is $4,823 per month. Households that rent pay about 16.53% of their income on rent here. 49431's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 49454, MI: less expensive homes
- 49405, MI: less expensive homes
- 49410, MI: less expensive homes
- 49458, MI: less expensive homes
- 49402, MI: less expensive 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
- 00962, PR: less expensive homes
- 52002, IA: higher priced homes
- 48912, MI: less expensive homes
- 48341, MI: less expensive homes
- 62568, IL: less expensive homes
- 64111, MO: higher priced homes
- 72715, AR: higher priced homes
- 76015, TX: equally priced homes
- 77029, TX: less expensive homes
- 23838, VA: higher priced homes
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