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These days, finding an affordable place to live in the 49747 area can be challenging. Home prices in 49747 are now at a median cost of $195,842, lower than the Michigan average of $250,415.
The average cost of rent is $1,153/mo in 49747, primarily driven by the current value of real estate in the 49747 area. In 49747, 4.74% of households rent, and 48.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49747 is $5,825 per month. Households that rent pay about 19.79% of their income on rent here. 49747’s most expensive areas are in the eastern 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
- 48762, MI: higher priced homes
- 49766, MI: less expensive homes
- 48742, MI: less expensive homes
- 48721, MI: equally priced homes
- 48728, MI: less expensive homes
- 48619, MI: less expensive homes
- 48621, MI: less expensive homes
- 49756, MI: equally priced homes
- 49751, MI: higher priced homes
- 49733, MI: equally priced homes
Zip Codes with Similar Populations
- 01434, MA: higher priced homes
- 27343, NC: higher priced homes
- 25865, WV: equally priced homes
- 25625, WV: less expensive homes
- 25286, WV: less expensive homes
- 24122, VA: higher priced homes
- 84757, UT: higher priced homes
- 89070, NV: higher priced homes
- 93562, CA: less expensive homes
- 12521, NY: higher priced homes
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