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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 $162,038, lower than the Michigan average of $196,062.
The average cost of rent is $780/mo in 49706, primarily driven by the current value of real estate in the 49706 area. While nearly 34.92% of residents own their homes outright in 49706, 20.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49706 is $5,033 per month. Households that rent pay about 15.49% of their income on rent here. 49706's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 49764, MI: equally priced homes
- 49722, MI: equally priced homes
- 49716, MI: higher priced homes
- 49769, MI: less expensive homes
- 49749, MI: equally priced homes
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- 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
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- 27341, NC: less expensive homes
- 75640, TX: higher priced homes
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- 04843, ME: higher priced homes
- 75839, TX: less expensive homes
- 55972, MN: higher priced homes
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