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These days, finding an affordable place to live in the 49740 area can be challenging. Home prices in 49740 are now at a median cost of $274,622, higher than the Michigan average of $196,062.
The average cost of rent is $1,005/mo in 49740, primarily driven by the current value of real estate in the 49740 area. While nearly 45.18% of residents own their homes outright in 49740, 13.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49740 is $5,991 per month. Households that rent pay about 16.77% of their income on rent here. 49740's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49722, MI: less expensive homes
- 49770, MI: less expensive homes
- 49764, MI: less expensive homes
- 49706, MI: less expensive homes
- 49769, MI: less expensive homes
- 49716, MI: less expensive homes
- 49720, MI: less expensive homes
- 49791, MI: less expensive homes
- 49749, MI: less expensive homes
- 49705, MI: less expensive homes
Zip Codes with Similar Populations
- 01464, MA: higher priced homes
- 95693, CA: higher priced homes
- 96738, HI: higher priced homes
- 97411, OR: higher priced homes
- 97537, OR: higher priced homes
- 98014, WA: higher priced homes
- 98239, WA: higher priced homes
- 98337, WA: equally priced homes
- 11507, NY: higher priced homes
- 08758, NJ: higher priced homes
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