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These days, finding an affordable place to live in the 49805 area can be challenging. Home prices in 49805 are now at a median cost of $118,252, lower than the Michigan average of $250,415.
The average cost of rent is $705/mo in 49805, primarily driven by the current value of real estate in the 49805 area. In 49805, 8.76% of households rent, and 58.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49805 is $4,096 per month. Households that rent pay about 17.21% of their income on rent here. 49805’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
- 49901, MI: less expensive homes
- 49917, MI: higher priced homes
- 49942, MI: higher priced homes
- 49913, MI: equally priced homes
- 49950, MI: higher priced homes
- 49918, MI: higher priced homes
- 55603, MN: higher priced homes
- 55614, MN: higher priced homes
- 55601, MN: higher priced homes
- 55602, MN: higher priced homes
Zip Codes with Similar Populations
- 68774, NE: higher priced homes
- 47576, IN: higher priced homes
- 49921, MI: higher priced homes
- 49971, MI: less expensive homes
- 50068, IA: higher priced homes
- 51440, IA: higher priced homes
- 51523, IA: higher priced homes
- 51541, IA: higher priced homes
- 68320, NE: higher priced homes
- 46376, IN: higher priced homes
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