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These days, finding an affordable place to live in the 49816 area can be challenging. Home prices in 49816 are now at a median cost of $219,624, lower than the Michigan average of $250,415.
The average cost of rent is $611/mo in 49816, primarily driven by the current value of real estate in the 49816 area. In 49816, 3.77% of households rent, and 47.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49816 is $5,493 per month. Households that rent pay about 11.12% of their income on rent here. 49816’s most expensive areas are in the northern 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
- 49825, MI: equally priced homes
- 49826, MI: equally priced homes
- 49891, MI: less expensive homes
- 49806, MI: equally priced homes
- 49822, MI: higher priced homes
- 49895, MI: equally priced homes
- 49862, MI: less expensive homes
- 49885, MI: equally priced homes
- 49833, MI: equally priced homes
- 49884, MI: less expensive homes
Zip Codes with Similar Populations
- 99655, AK: less expensive homes
- 01222, MA: higher priced homes
- 95317, CA: higher priced homes
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- 97130, OR: higher priced homes
- 99157, WA: higher priced homes
- 99612, AK: less expensive homes
- 16436, PA: less expensive homes
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