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Le Roy village, MI

ZIP 49655 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49655

Median Home Value
$171,800
Median Rent
$479
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,104/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

29.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49655 in Le Roy village, MI, a household would need roughly $47,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,104. That sits below the local median household income ($67,375), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 35% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
95.5%+46% vs US avg
x
Vacancy Rate
35.2%+242% vs US avg
x
Broadband Access
80.9%-7% vs US avg
x
4+ Bedrooms
4.9%-67% vs US avg
x
Built Pre-1939
5.4%-58% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
22.8%-54% vs US avg
x
Mortgage-Free
46.7%+22% vs US avg
x
$171,800
Home Value
$479
Rent
1983
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.6%
  • 1-unit attached0.6%
  • 2-9 units0.6%
  • 10+ units0.0%
  • Mobile home & other26.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$171,800
Median rent$479
Owner-occupied95.5%
Vacant35.2%
Price-to-income2.5x
Est. income to buy$47,000