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Canadian Lakes CDP, MI

ZIP 49346 — 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 49346

Median Home Value
$222,800
Median Rent
$606
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,431/mo PITI).

11%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

30.6 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 49346 in Canadian Lakes CDP, MI, a household would need roughly $61,000 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 $1,431. That is roughly in line with the local median household income ($67,627). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 31% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.6%+35% vs US avg
x
Vacancy Rate
30.6%+197% vs US avg
x
Broadband Access
88.9%+2% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
3.0%-77% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
30.6%-39% vs US avg
x
Mortgage-Free
51.2%+34% vs US avg
x
$222,800
Home Value
$606
Rent
1989
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached85.4%
  • 1-unit attached3.1%
  • 2-9 units0.0%
  • 10+ units0.5%
  • Mobile home & other11.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$222,800
Median rent$606
Owner-occupied88.6%
Vacant30.6%
Price-to-income3.3x
Est. income to buy$61,000