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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 $129,200, lower than the Michigan average of $196,062.
The average cost of rent is $721/mo in 49877, primarily driven by the current value of real estate in the 49877 area. While nearly 53.31% of residents own their homes outright in 49877, 7.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49877 is $6,733 per month. Households that rent pay about 10.71% of their income on rent here. 49877's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
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- 49903, MI: less expensive homes
- 49891, MI: higher priced homes
Zip Codes with Similar Populations
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