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These days, finding an affordable place to live in the 49642 area can be challenging. Home prices in 49642 are now at a median cost of $121,381, lower than the Michigan average of $250,415.
The average cost of rent is $681/mo in 49642, primarily driven by the current value of real estate in the 49642 area. In 49642, 18.30% of households rent, and 60.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49642 is $2,697 per month. Households that rent pay about 25.23% of their income on rent here. 49642’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 49304, MI: equally priced homes
- 49623, MI: higher priced homes
- 49309, MI: higher priced homes
- 49677, MI: higher priced homes
- 49402, MI: higher priced homes
- 49338, MI: higher priced homes
- 49458, MI: less expensive homes
- 49639, MI: higher priced homes
- 49459, MI: higher priced homes
- 49405, MI: higher priced homes
Zip Codes with Similar Populations
- 99789, AK: equally priced homes
- 84711, UT: higher priced homes
- 85309, AZ: higher priced homes
- 86547, AZ: less expensive homes
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- 25243, WV: higher priced homes
- 87530, NM: higher priced homes
- 24077, VA: higher priced homes
- 87714, NM: higher priced homes
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