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These days, finding an affordable place to live in the 49831 area can be challenging. Home prices in 49831 are now at a median cost of $131,325, lower than the Michigan average of $196,062.
The average cost of rent is $700/mo in 49831, primarily driven by the current value of real estate in the 49831 area. While nearly 53.73% of residents own their homes outright in 49831, 7.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49831 is $5,931 per month. Households that rent pay about 11.81% of their income on rent here. 49831's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49834, MI: equally priced homes
- 49877, MI: equally priced homes
- 49881, MI: equally priced homes
- 49815, MI: equally priced homes
- 49819, MI: less expensive homes
- 49920, MI: less expensive homes
- 49902, MI: less expensive homes
- 49818, MI: higher priced homes
- 49880, MI: equally priced homes
- 49872, MI: equally priced homes
Zip Codes with Similar Populations
- 95543, CA: higher priced homes
- 15620, PA: equally priced homes
- 15551, PA: less expensive homes
- 15671, PA: higher priced homes
- 97450, OR: higher priced homes
- 13813, NY: higher priced homes
- 13782, NY: higher priced homes
- 97543, OR: higher priced homes
- 12863, NY: higher priced homes
- 16647, PA: higher priced homes
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