ZIP Code · MI

ZIP 49401

Pop. 29,674·Ottawa County·82nd most expensive ZIP in Michigan
Median rent (all units)
$1,484/mo
Year-over-Year
Stable
Month-over-Month
+4.9%
vs US Median
-$448
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 49401 · $1,484
More affordable than 74% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,470
2 BR
$1,680
3 BR
$2,130
4 BR+
$2,500
Research median
$1,680/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($74,880) is $1,872 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,680); a 3-bedroom is $2,130.

From Zillow's monthly rent index (ZORI) for ZIP 49401. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,808/yr
At $1,484/mo median
Location
StateMI
CountyOttawa County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +4.9% MoM), not inventory.
Demographics

Who lives here

ZIP 49401 (Allendale, MI) is majority owner-occupied, skews toward younger working-age adults, 40.8% of residents hold a bachelor's degree or higher.

Population
29,674
Median income
$74,880
Median age
21.8
Renters
42.7%
Age distribution
15.5%
57.1%
13.5%
Under 1815.5%
18–3457.1%
35–5413.5%
55–648.1%
65+5.8%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
89.4%
White89.4%
Black2.6%
Hispanic4.7%
Asian1.5%
Other1.8%
Education (25+)
24.8%
32.2%
40.8%
No HS diploma2.2%
HS diploma24.8%
Some college32.2%
Bachelor's+40.8%
Housing tenure
57.3%
42.7%
Owner57.3%
Renter42.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 49401 in Allendale, MI has changed in 5 years

Income
$66,441 → $74,880
up 12.7%
Population
27,048 → 29,674
up 9.7%
Renter share
43.4% → 42.7%
-0.7 pts
Bachelor's+
36.3% → 40.8%
+4.5 pts

Census figures show median household income at $74,880 today, compared with $66,441 five years earlier. Census counts show ZIP 49401 in Allendale, MI adding about 2,626 residents over the five-year window, up 9.7% on net. Bachelor's-degree-or-higher attainment moved from 36.3% to 40.8% across the same window.

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About renting in ZIP 49401

Last updated: October 17, 2026

ZIP code 49401 covers Allendale, MI. The median rent here is $1,484/mo as of October 2026. A 1-bedroom rents for a median of $1,470/mo. A 2-bedroom rents for a median of $1,680/mo.

At 24% of local median household income ($74,880/yr), ZIP 49401 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 49401?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (about $28/hour full-time) to afford the median rent of $1,484/mo in ZIP 49401. The local median household income is $74,880/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 49401?

Rent in ZIP 49401 has been roughly flat over the past year, a 0.0% change.

How does ZIP 49401 compare to other ZIPs in Michigan?

ZIP 49401 is in the middle among Michigan ZIP codes for rent, ranking #82 of 168 at $1,484/mo.

How does ZIP 49401 compare to the rest of Allendale?

ZIP 49401 sits right at the Allendale citywide median of $1,484/mo.
Income Affordability
24%
VERY AFFORDABLE

At $1,484/mo, rent takes ~24% of ZIP 49401's median household income ($74,880/yr). The standard benchmark is 30%.

ZIP 49401 24%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 49401 (Allendale, MI)

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