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These days, finding an affordable place to live in the 49807 area can be challenging. Home prices in 49807 are now at a median cost of $135,112, lower than the Michigan average of $196,062.
The average cost of rent is $690/mo in 49807, primarily driven by the current value of real estate in the 49807 area. While nearly 49.03% of residents own their homes outright in 49807, 12.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49807 is $5,148 per month. Households that rent pay about 13.40% of their income on rent here. 49807's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 49896, MI: higher priced homes
- 49829, MI: less expensive homes
- 49886, MI: equally priced homes
- 49894, MI: equally priced homes
- 49874, MI: equally priced homes
- 49837, MI: equally priced homes
- 49873, MI: equally priced homes
- 49863, MI: less expensive homes
- 49847, MI: less expensive homes
- 49892, MI: equally priced homes
Zip Codes with Similar Populations
- 27233, NC: higher priced homes
- 58368, ND: equally priced homes
- 01010, MA: higher priced homes
- 50054, IA: higher priced homes
- 49878, MI: equally priced homes
- 49128, MI: higher priced homes
- 70449, LA: higher priced homes
- 37338, TN: less expensive homes
- 30663, GA: higher priced homes
- 22427, VA: higher priced homes
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