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These days, finding an affordable place to live in the 49877 area can be challenging. Home prices in 49877 are now at a median cost of $140,900, lower than the Michigan average of $250,415.
The average cost of rent is $705/mo in 49877, primarily driven by the current value of real estate in the 49877 area. In 49877, 8.65% of households rent, and 50.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49877 is $6,675 per month. Households that rent pay about 10.56% of their income on rent here. 49877’s most expensive areas are in the central 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
- 49831, MI: higher priced homes
- 49819, MI: equally priced homes
- 49881, MI: higher priced homes
- 49815, MI: higher priced homes
- 49833, MI: higher priced homes
- 49880, MI: higher priced homes
- 49920, MI: less expensive homes
- 49902, MI: less expensive homes
- 49903, MI: equally priced homes
- 49891, MI: higher priced homes
Zip Codes with Similar Populations
- 80473, CO: higher priced homes
- 61941, IL: less expensive homes
- 62098, IL: less expensive homes
- 79025, TX: higher priced homes
- 79053, TX: higher priced homes
- 79231, TX: higher priced homes
- 79247, TX: less expensive homes
- 79251, TX: higher priced homes
- 79259, TX: higher priced homes
- 79324, TX: higher priced homes
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