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These days, finding an affordable place to live in the 49820 area can be challenging. Home prices in 49820 are now at a median cost of $194,565, lower than the Michigan average of $250,415.
The average cost of rent is $533/mo in 49820, primarily driven by the current value of real estate in the 49820 area. In 49820, 9.99% of households rent, and 51.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49820 is $6,031 per month. Households that rent pay about 8.83% of their income on rent here. 49820’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 49853, MI: less expensive homes
- 49836, MI: equally priced homes
- 49838, MI: higher priced homes
- 49827, MI: less expensive homes
- 49868, MI: less expensive homes
- 49883, MI: less expensive homes
- 49762, MI: less expensive homes
- 49748, MI: less expensive homes
- 49793, MI: less expensive homes
- 49728, MI: less expensive homes
Zip Codes with Similar Populations
- 52534, IA: less expensive homes
- 50132, IA: higher priced homes
- 50460, IA: equally priced homes
- 50546, IA: less expensive homes
- 50591, IA: equally priced homes
- 50611, IA: less expensive homes
- 50612, IA: equally priced homes
- 51365, IA: less expensive homes
- 52072, IA: less expensive homes
- 52354, IA: equally priced homes
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