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These days, finding an affordable place to live in the 49623 area can be challenging. Home prices in 49623 are now at a median cost of $94,272, lower than the Michigan average of $196,062.
The average cost of rent is $953/mo in 49623, primarily driven by the current value of real estate in the 49623 area. While nearly 51.77% of residents own their homes outright in 49623, 9.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49623 is $3,931 per month. Households that rent pay about 24.25% of their income on rent here. 49623's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 49677, MI: higher priced homes
- 49642, MI: less expensive homes
- 49338, MI: higher priced homes
- 49304, MI: higher priced homes
- 49639, MI: equally priced homes
- 49309, MI: higher priced homes
- 49631, MI: higher priced homes
- 49402, MI: higher priced homes
- 49320, MI: higher priced homes
- 49458, MI: equally priced homes
Zip Codes with Similar Populations
- 47577, IN: higher priced homes
- 27849, NC: less expensive homes
- 27947, NC: higher priced homes
- 28531, NC: higher priced homes
- 29446, SC: less expensive homes
- 97324, OR: higher priced homes
- 96051, CA: higher priced homes
- 95497, CA: higher priced homes
- 92321, CA: higher priced homes
- 87007, NM: less expensive homes
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