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These days, finding an affordable place to live in the 49806 area can be challenging. Home prices in 49806 are now at a median cost of $223,416, lower than the Michigan average of $250,415.
The average cost of rent is $729/mo in 49806, primarily driven by the current value of real estate in the 49806 area. In 49806, 10.16% of households rent, and 39.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49806 is $5,676 per month. Households that rent pay about 12.84% of their income on rent here. 49806’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
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Zip Codes with Similar Populations
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