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These days, finding an affordable place to live in the 49706 area can be challenging. Home prices in 49706 are now at a median cost of $254,683, higher than the Michigan average of $250,415.
The average cost of rent is $1,070/mo in 49706, primarily driven by the current value of real estate in the 49706 area. In 49706, 17.09% of households rent, and 38.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49706 is $6,755 per month. Households that rent pay about 15.84% of their income on rent here. 49706’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 49764, MI: higher priced homes
- 49722, MI: higher priced homes
- 49716, MI: higher priced homes
- 49769, MI: less expensive homes
- 49749, MI: equally priced homes
- 49770, MI: higher priced homes
- 49791, MI: less expensive homes
- 49740, MI: higher priced homes
- 49705, MI: less expensive homes
- 49720, MI: higher priced homes
Zip Codes with Similar Populations
- 32130, FL: equally priced homes
- 56544, MN: higher priced homes
- 27341, NC: less expensive homes
- 75640, TX: equally priced homes
- 54727, WI: equally priced homes
- 32668, FL: higher priced homes
- 36576, AL: equally priced homes
- 04843, ME: higher priced homes
- 75839, TX: less expensive homes
- 55972, MN: higher priced homes
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