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These days, finding an affordable place to live in the 49920 area can be challenging. Home prices in 49920 are now at a median cost of $118,116, lower than the Michigan average of $196,062.
The average cost of rent is $1,027/mo in 49920, primarily driven by the current value of real estate in the 49920 area. While nearly 57.64% of residents own their homes outright in 49920, 10.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49920 is $3,741 per month. Households that rent pay about 27.44% of their income on rent here. 49920's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49902, MI: less expensive homes
- 49927, MI: less expensive homes
- 49903, MI: equally priced homes
- 49915, MI: less expensive homes
- 49815, MI: equally priced homes
- 49881, MI: equally priced homes
- 49935, MI: less expensive homes
- 49831, MI: higher priced homes
- 49877, MI: higher priced homes
- 54554, WI: higher priced homes
Zip Codes with Similar Populations
- 35131, AL: equally priced homes
- 59072, MT: higher priced homes
- 45113, OH: higher priced homes
- 35014, AL: equally priced homes
- 32180, FL: higher priced homes
- 31301, GA: equally priced homes
- 29055, SC: less expensive homes
- 16401, PA: higher priced homes
- 13833, NY: equally priced homes
- 07927, NJ: higher priced homes
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