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These days, finding an affordable place to live in the 49905 area can be challenging. Home prices in 49905 are now at a median cost of $247,021, lower than the Michigan average of $250,415.
The average cost of rent is $1,231/mo in 49905, primarily driven by the current value of real estate in the 49905 area. In 49905, 14.40% of households rent, and 42.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49905 is $7,274 per month. Households that rent pay about 16.92% of their income on rent here. 49905’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 49963, MI: less expensive homes
- 49921, MI: less expensive homes
- 49955, MI: less expensive homes
- 49930, MI: less expensive homes
- 49931, MI: equally priced homes
- 49922, MI: less expensive homes
- 49916, MI: less expensive homes
- 49934, MI: less expensive homes
- 49913, MI: less expensive homes
- 49945, MI: less expensive homes
Zip Codes with Similar Populations
- 40119, KY: less expensive homes
- 99929, AK: higher priced homes
- 98253, WA: higher priced homes
- 93545, CA: equally priced homes
- 83113, WY: higher priced homes
- 74061, OK: equally priced homes
- 67950, KS: less expensive homes
- 66052, KS: higher priced homes
- 46951, IN: less expensive homes
- 38940, MS: less expensive homes
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