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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 $267,708, higher than the Michigan average of $250,415.
The average cost of rent is $1,017/mo in 49461, primarily driven by the current value of real estate in the 49461 area. In 49461, 11.99% of households rent, and 46.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49461 is $6,625 per month. Households that rent pay about 15.35% of their income on rent here. 49461’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: less expensive homes
- 58075, ND: less expensive homes
- 55439, MN: higher priced homes
- 54482, WI: equally priced homes
- 53536, WI: higher priced homes
- 50801, IA: less expensive homes
- 50428, IA: equally priced homes
- 48229, MI: less expensive homes
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