How much is a home worth in ZIP code 49301?

The typical home in 49301 is worth $652,456, based on the Zillow Home Value Index.

Are home values rising in 49301?

Home values in 49301 are up 4.9% over the past year, and up 7.1% a year over five years.

What is the typical rent in 49301?

A typical home in 49301 rents for about $2,995 a month, a gross rental yield of 5.5%.

What is the property tax rate in 49301?

The effective property tax rate in 49301 is 1.2% — roughly $7,723 a year on a typical home.

ZIP code 49301 has a population of 19,846 and a median household income of $183,125.

HousingHandbookReference data

…

U.S. ZIP Code · MI49301

Kent County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$652,456^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.9%
5-year / yr: +7.1%
10-year / yr: +6.8%

Relative price

vs U.S.: +129.7%
vs metro: +112.8%
vs state: +172.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 49301 is worth $652,456 — 112.8% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 4.9%. Homes here rent for a typical $2,995 a month — a 5.5% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,995^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.2%^[3]
Typical annual tax: $7,723^[3]

#Climate risk

FEMA National Risk Index ratings for Kent County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 19,846^[3]
Median household income: $183,125^[3]

#Migration

Household moves in and out of Kent County over a year, from IRS tax-return data.

Net migration: -268^[5]
Moved in: 15,196
Moved out: 15,464

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 2
Middle: 4
High: 1

Eastern High School
High · Grades 9–12 · Forest Hills Public Schools
767 students
Eastern Middle School
Middle · Grades 6–8 · Forest Hills Public Schools
561 students
Central Middle School
Middle · Grades 7–8 · Forest Hills Public Schools
510 students
Ada Vista Elementary School
Elementary · Grades K–4 · Forest Hills Public Schools
457 students
Central Woodlands 56 School
Middle · Grades 5–6 · Forest Hills Public Schools
451 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$35,940

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$3,299

Loan principal$521,965

Down payment$130,491

Total interest paid$665,737

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.50

Monthly cost to own$4,484

Monthly rent$2,995

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 97th percentile^[1]
Rental yield: 33rd percentile^[2]
Property tax: 92nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 49301?: The typical home in 49301 is worth $652,456, based on the Zillow Home Value Index.
Are home values rising in 49301?: Home values in 49301 are up 4.9% over the past year, and up 7.1% a year over five years.
What is the typical rent in 49301?: A typical home in 49301 rents for about $2,995 a month, a gross rental yield of 5.5%.
What is the property tax rate in 49301?: The effective property tax rate in 49301 is 1.2% — roughly $7,723 a year on a typical home.
Who lives in 49301?: ZIP code 49301 has a population of 19,846 and a median household income of $183,125.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

49546 vs 49301 →
Forest Hills CDP, MI
Typical home
$508,794
Gross yield
4.1%
49460 vs 49301 →
MI
Typical home
$500,719
Gross yield
—
49302
MI
Typical home
$498,926
Gross yield
—
49306
MI
Typical home
$494,576
Gross yield
—
49315
Byron Center CDP, MI
Typical home
$458,862
Gross yield
—
49341
Rockford, MI
Typical home
$457,417
Gross yield
5.2%

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Pit ZIP 49301 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MI49301

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