How much is a home worth in ZIP code 49418?

The typical home in 49418 is worth $384,189, based on the Zillow Home Value Index.

Are home values rising in 49418?

Home values in 49418 are up 4.1% over the past year, and up 6.1% a year over five years.

What is the typical rent in 49418?

A typical home in 49418 rents for about $1,886 a month, a gross rental yield of 5.9%.

What is the property tax rate in 49418?

The effective property tax rate in 49418 is 1.2% — roughly $4,601 a year on a typical home.

ZIP code 49418 has a population of 31,913 and a median household income of $84,846.

HousingHandbookReference data

…

U.S. ZIP Code · MI49418

Kent County · Grand Rapids-Wyoming-Kentwood, MI

Typical home value

$384,189^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.1%
5-year / yr: +6.1%
10-year / yr: +7.3%

Relative price

vs U.S.: +35.2%
vs metro: +25.3%
vs state: +60.7%

Price history

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

The typical home in 49418 is worth $384,189 — 25.3% above the Grand Rapids-Wyoming-Kentwood, MI median. Over the past year, values have risen 4.1%. Homes here rent for a typical $1,886 a month — a 5.9% 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: $1,886^[2]
Gross yield: 5.9%^[2]
Cap rate: 3.5%^[2]

#Property tax

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

Effective tax rate: 1.2%^[3]
Typical annual tax: $4,601^[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: 31,913^[3]
Median household income: $84,846^[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: 9
Elementary: 6
Middle: 1
High: 2

Grandville High School
High · Grades 9–12 · Grandville Public Schools
1,717 students
Grandville Middle School
Middle · Grades 3–8 · Grandville Public Schools
849 students
Grandville Grand View Elementary School
Elementary · Grades PK–6 · Grandville Public Schools
621 students
Grandville Century Park Learning Center
Elementary · Grades PK–6 · Grandville Public Schools
554 students
Grandville South Elementary School
Elementary · Grades PK–6 · Grandville Public Schools
380 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 yield5.9%

Net yield (after ~40% expenses)3.5%

Annual rent$22,638

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$1,943

Loan principal$307,352

Down payment$76,838

Total interest paid$392,010

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 ratio1.40

Monthly cost to own$2,647

Monthly rent$1,886

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: 61st percentile^[1]
Rental yield: 54th percentile^[2]
Property tax: 95th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 49418?: The typical home in 49418 is worth $384,189, based on the Zillow Home Value Index.
Are home values rising in 49418?: Home values in 49418 are up 4.1% over the past year, and up 6.1% a year over five years.
What is the typical rent in 49418?: A typical home in 49418 rents for about $1,886 a month, a gross rental yield of 5.9%.
What is the property tax rate in 49418?: The effective property tax rate in 49418 is 1.2% — roughly $4,601 a year on a typical home.
Who lives in 49418?: ZIP code 49418 has a population of 31,913 and a median household income of $84,846.

#Comparable ZIPs

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

49525 vs 49418 →
Northview CDP, MI
Typical home
$386,352
Gross yield
5.7%
49534 vs 49418 →
Walker, MI
Typical home
$387,112
Gross yield
6.1%
49060
Hickory Corners CDP, MI
Typical home
$380,443
Gross yield
—
49448
Nunica CDP, MI
Typical home
$380,403
Gross yield
—
49403
MI
Typical home
$379,122
Gross yield
—
49424
Beechwood CDP, MI
Typical home
$389,939
Gross yield
5.8%

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#Jump to section

U.S. ZIP Code · MI49418

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