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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 $160,173, lower than the Michigan average of $196,062.
The average cost of rent is $778/mo in 49816, primarily driven by the current value of real estate in the 49816 area. While nearly 49.23% of residents own their homes outright in 49816, 10.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49816 is $4,649 per month. Households that rent pay about 16.73% of their income on rent here. 49816's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49825, MI: equally priced homes
- 49826, MI: equally priced homes
- 49891, MI: equally priced homes
- 49806, MI: equally priced homes
- 49822, MI: equally priced homes
- 49895, MI: equally priced homes
- 49862, MI: less expensive homes
- 49885, MI: higher priced homes
- 49833, MI: higher 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
- 95659, CA: higher priced homes
- 95935, CA: higher priced homes
- 95943, CA: higher priced homes
- 97130, OR: higher priced homes
- 99157, WA: higher priced homes
- 99612, AK: less expensive homes
- 16436, PA: less expensive homes
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