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These days, finding an affordable place to live in the 49461 area can be challenging. Home prices in 49461 are now at a median cost of $203,094, higher than the Michigan average of $196,062.
The average cost of rent is $835/mo in 49461, primarily driven by the current value of real estate in the 49461 area. While nearly 47.97% of residents own their homes outright in 49461, 10.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49461 is $5,337 per month. Households that rent pay about 15.65% of their income on rent here. 49461's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49437, MI: less expensive homes
- 49445, MI: less expensive homes
- 49457, MI: less expensive homes
- 49440, MI: less expensive homes
- 49425, MI: less expensive homes
- 49442, MI: less expensive homes
- 49412, MI: less expensive homes
- 49451, MI: less expensive homes
- 49327, MI: less expensive homes
- 49303, MI: less expensive homes
Zip Codes with Similar Populations
- 43964, OH: less expensive homes
- 62024, IL: less expensive homes
- 59711, MT: equally priced homes
- 58075, ND: less expensive homes
- 55439, MN: higher priced homes
- 54482, WI: equally priced homes
- 53536, WI: equally priced homes
- 50801, IA: less expensive homes
- 50428, IA: equally priced homes
- 48229, MI: less expensive homes
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