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These days, finding an affordable place to live in the 49505 area can be challenging. Home prices in 49505 are now at a median cost of $178,639, lower than the Michigan average of $196,062.
The average cost of rent is $1,054/mo in 49505, primarily driven by the current value of real estate in the 49505 area. While nearly 35.10% of residents own their homes outright in 49505, 37.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49505 is $4,759 per month. Households that rent pay about 22.15% of their income on rent here. 49505's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 49503, MI: equally priced homes
- 49525, MI: higher priced homes
- 49504, MI: equally priced homes
- 49506, MI: higher priced homes
- 49544, MI: equally priced homes
- 49321, MI: higher priced homes
- 49507, MI: less expensive homes
- 49306, MI: higher priced homes
- 49546, MI: higher priced homes
- 49509, MI: less expensive homes
Zip Codes with Similar Populations
- 06811, CT: higher priced homes
- 08003, NJ: higher priced homes
- 08822, NJ: higher priced homes
- 17022, PA: higher priced homes
- 19130, PA: higher priced homes
- 28211, NC: higher priced homes
- 32086, FL: higher priced homes
- 85031, AZ: equally priced homes
- 55347, MN: higher priced homes
- 55378, MN: higher priced homes
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