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These days, finding an affordable place to live in the 49855 area can be challenging. Home prices in 49855 are now at a median cost of $276,252, higher than the Michigan average of $250,415.
The average cost of rent is $1,116/mo in 49855, primarily driven by the current value of real estate in the 49855 area. In 49855, 41.67% of households rent, and 43.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49855 is $5,459 per month. Households that rent pay about 20.45% of their income on rent here. 49855’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 49866, MI: less expensive homes
- 49871, MI: less expensive homes
- 49849, MI: less expensive homes
- 49822, MI: less expensive homes
- 49814, MI: less expensive homes
- 49806, MI: less expensive homes
- 49861, MI: less expensive homes
- 49919, MI: less expensive homes
- 49970, MI: less expensive homes
- 49961, MI: less expensive homes
Zip Codes with Similar Populations
- 85396, AZ: higher priced homes
- 10309, NY: higher priced homes
- 00692, PR: less expensive homes
- 53142, WI: equally priced homes
- 94526, CA: higher priced homes
- 00971, PR: less expensive homes
- 94608, CA: higher priced homes
- 93555, CA: less expensive homes
- 32084, FL: higher priced homes
- 03820, NH: higher priced homes
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