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Expensive
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These days, finding an affordable place to live in the 49640 area can be challenging. Home prices in 49640 are now at a median cost of $272,199, higher than the Michigan average of $196,062.
The average cost of rent is $804/mo in 49640, primarily driven by the current value of real estate in the 49640 area. While nearly 44.01% of residents own their homes outright in 49640, 4.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49640 is $6,082 per month. Households that rent pay about 13.22% of their income on rent here. 49640's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 49617, MI: less expensive homes
- 49616, MI: less expensive homes
- 49635, MI: equally priced homes
- 49650, MI: less expensive homes
- 49628, MI: less expensive homes
- 49643, MI: less expensive homes
- 49683, MI: less expensive homes
- 49685, MI: equally priced homes
- 49637, MI: less expensive homes
- 49684, MI: equally priced homes
Zip Codes with Similar Populations
- 99133, WA: less expensive homes
- 24460, VA: less expensive homes
- 84307, UT: less expensive homes
- 68876, NE: less expensive homes
- 83823, ID: equally priced homes
- 83623, ID: less expensive homes
- 51005, IA: less expensive homes
- 83346, ID: less expensive homes
- 52571, IA: less expensive homes
- 78872, TX: less expensive homes
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