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These days, finding an affordable place to live in the 49918 area can be challenging. Home prices in 49918 are now at a median cost of $247,200, higher than the Michigan average of $196,062.
The average cost of rent is $574/mo in 49918, primarily driven by the current value of real estate in the 49918 area. While nearly 61.59% of residents own their homes outright in 49918, 4.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49918 is $5,556 per month. Households that rent pay about 10.33% of their income on rent here. 49918's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
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- 55708, MN: less expensive homes
Zip Codes with Similar Populations
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