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These days, finding an affordable place to live in the 49506 area can be challenging. Home prices in 49506 are now at a median cost of $307,022, higher than the Michigan average of $196,062.
The average cost of rent is $1,396/mo in 49506, primarily driven by the current value of real estate in the 49506 area. While nearly 31.62% of residents own their homes outright in 49506, 19.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49506 is $9,186 per month. Households that rent pay about 15.20% of their income on rent here. 49506's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 49507, MI: less expensive homes
- 49503, MI: less expensive homes
- 49546, MI: equally priced homes
- 49505, MI: less expensive homes
- 49509, MI: less expensive homes
- 49504, MI: less expensive homes
- 49512, MI: less expensive homes
- 49508, MI: less expensive homes
- 49548, MI: less expensive homes
- 49525, MI: equally priced homes
Zip Codes with Similar Populations
- 00698, PR: less expensive homes
- 99337, WA: less expensive homes
- 99163, WA: higher priced homes
- 98684, WA: higher priced homes
- 98375, WA: higher priced homes
- 10001, NY: higher priced homes
- 08610, NJ: less expensive homes
- 07208, NJ: higher priced homes
- 07026, NJ: higher priced homes
- 06614, CT: less expensive homes
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