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ZIP Code · MI

ZIP 49534

Part of Walker, MI
Pop. 23,719·Kent County·17th most expensive ZIP in Michigan
Median rent (all units)
$1,953/mo
Year-over-Year
+8.7%
Month-over-Month
-0.3%
vs US Median
+$2
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 49534 · $1,953
More expensive than 58% of US ZIP codes · National median $1,951/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,180
1 BR
$1,300
2 BR
$1,530
3 BR
$1,970
4 BR+
$2,210
Research median
$1,530/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: June 22, 2026

Annual cost
$23,436/yr
At $1,953/mo median
Location
CityWalker
StateMI
CountyKent County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.7% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 49534 (Walker, MI) is majority owner-occupied, 35.7% of residents hold a bachelor's degree or higher.

Population
23,719
Median income
$81,657
Median age
37.4
Renters
29.9%
Age distribution
20.2%
26.2%
22.4%
19.2%
Under 1820.2%
18–3426.2%
35–5422.4%
55–6412%
65+19.2%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
85.3%
White85.3%
Black3.4%
Hispanic4.2%
Asian3.2%
Other4%
Education (25+)
26%
33.7%
35.7%
No HS diploma4.6%
HS diploma26%
Some college33.7%
Bachelor's+35.7%
Housing tenure
70.1%
29.9%
Owner70.1%
Renter29.9%

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

2021 vs 2026

How ZIP 49534 in Walker, MI has changed in 5 years

Income
$71,313 → $81,657
up 14.5%
Population
22,764 → 23,719
up 4.2%
Renter share
32.9% → 29.9%
-3.0 pts
Bachelor's+
32.7% → 35.7%
+3.0 pts
Median age
38.6 → 37.4
-1.2 yrs

On the earnings side, the typical household in ZIP 49534 in Walker, MI now reports about $81,657, up from $71,313 in 2021. Headcount in the area went from 22,764 to 23,719 between 2021 and 2024, a 4.2% change. About 29.9% of households rent today, against 32.9% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 32.7% to 35.7%.

Community

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Local insights

Tips for renters in ZIP 49534

About renting in ZIP 49534

Last updated: June 22, 2026

ZIP code 49534 covers Walker, MI. The median rent here is $1,953/mo as of June 2026. A 1-bedroom rents for a median of $1,300/mo. A 2-bedroom rents for a median of $1,530/mo.

At 29% of local median household income ($81,657/yr), ZIP 49534 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 49534?

As of June 22, 2026, the median monthly rent in ZIP 49534 (Walker, MI) is $1,953. This is based on aggregated data from public sources and community submissions.

How does ZIP 49534 rent compare to the US average?

ZIP 49534's median rent of $1,953/mo is $2 (0%) above the US national median of $1,951/mo.

How does ZIP 49534 compare to other ZIPs in Michigan?

ZIP 49534 is one of the pricier ZIP codes in Michigan, ranking #17 out of 163 ZIPs tracked at $1,953/mo.

How much income do you need to rent in ZIP 49534?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,953/mo in ZIP 49534. The local median household income is $81,657/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 49534?

Rent in ZIP 49534 has increased 8.7% over the past year as of June 22, 2026, putting upward pressure on renter budgets.

Is ZIP 49534 an affordable place to rent?

ZIP 49534 is considered affordable for renters. At $1,953/mo, rent takes approximately 29% of the local median household income ($81,657/yr). The standard benchmark is 30%. ZIP 49534 falls comfortably within that range.

What percentage of ZIP 49534 residents rent vs. own?

According to Census data, approximately 29.9% of ZIP 49534 households are renters, while 70.1% are owner-occupied. ZIP 49534 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 49534 compare to the rest of Walker?

ZIP 49534 is pricier than Walker as a whole. At $1,953/mo, it's $428 above the Walker citywide median of $1,525/mo.

When was rent data for ZIP 49534 last updated?

Rent data for ZIP 49534 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,953/mo, rent takes ~29% of ZIP 49534's median household income ($81,657/yr). The standard benchmark is 30%.

ZIP 49534 29%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 49534 (Walker, MI)

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