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These days, finding an affordable place to live in the 49931 area can be challenging. Home prices in 49931 are now at a median cost of $221,913, higher than the Michigan average of $196,062.
The average cost of rent is $798/mo in 49931, primarily driven by the current value of real estate in the 49931 area. While nearly 46.12% of residents own their homes outright in 49931, 56.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49931 is $3,377 per month. Households that rent pay about 23.63% of their income on rent here. 49931's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49930, MI: less expensive homes
- 49921, MI: equally priced homes
- 49922, MI: less expensive homes
- 49905, MI: less expensive homes
- 49963, MI: less expensive homes
- 49916, MI: less expensive homes
- 49934, MI: less expensive homes
- 49955, MI: less expensive homes
- 49945, MI: less expensive homes
- 49913, MI: less expensive homes
Zip Codes with Similar Populations
- 49230, MI: less expensive homes
- 74126, OK: less expensive homes
- 74010, OK: less expensive homes
- 72834, AR: less expensive homes
- 70818, LA: equally priced homes
- 66012, KS: equally priced homes
- 64109, MO: equally priced homes
- 62712, IL: higher priced homes
- 60523, IL: higher priced homes
- 60020, IL: less expensive homes
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