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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 $159,387, lower than the Michigan average of $196,062.
The average cost of rent is $643/mo in 49806, primarily driven by the current value of real estate in the 49806 area. While nearly 36.77% of residents own their homes outright in 49806, 13.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49806 is $4,668 per month. Households that rent pay about 13.78% of their income on rent here. 49806's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
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- 49884, MI: less expensive homes
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- 49871, MI: less expensive homes
Zip Codes with Similar Populations
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