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These days, finding an affordable place to live in the 49720 area can be challenging. Home prices in 49720 are now at a median cost of $227,271, higher than the Michigan average of $196,062.
The average cost of rent is $909/mo in 49720, primarily driven by the current value of real estate in the 49720 area. While nearly 40.33% of residents own their homes outright in 49720, 17.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49720 is $5,904 per month. Households that rent pay about 15.40% of their income on rent here. 49720's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 49712, MI: equally priced homes
- 49796, MI: less expensive homes
- 49770, MI: equally priced homes
- 49740, MI: higher priced homes
- 49713, MI: less expensive homes
- 49722, MI: less expensive homes
- 49764, MI: less expensive homes
- 49706, MI: less expensive homes
- 49799, MI: less expensive homes
- 49749, MI: less expensive homes
Zip Codes with Similar Populations
- 36421, AL: less expensive homes
- 48617, MI: less expensive homes
- 46072, IN: less expensive homes
- 44216, OH: less expensive homes
- 42262, KY: less expensive homes
- 40456, KY: less expensive homes
- 38008, TN: less expensive homes
- 37840, TN: less expensive homes
- 37037, TN: higher priced homes
- 65711, MO: less expensive homes
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