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These days, finding an affordable place to live in the 49001 area can be challenging. Home prices in 49001 are now at a median cost of $115,009, lower than the Michigan average of $196,062.
The average cost of rent is $867/mo in 49001, primarily driven by the current value of real estate in the 49001 area. While nearly 39.57% of residents own their homes outright in 49001, 48.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49001 is $4,604 per month. Households that rent pay about 18.84% of their income on rent here. 49001's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49008, MI: higher priced homes
- 49007, MI: equally priced homes
- 49048, MI: equally priced homes
- 49006, MI: higher priced homes
- 49074, MI: less expensive homes
- 49024, MI: higher priced homes
- 49002, MI: higher priced homes
- 49004, MI: higher priced homes
- 49009, MI: higher priced homes
- 49053, MI: higher priced homes
Zip Codes with Similar Populations
- 01606, MA: higher priced homes
- 02891, RI: higher priced homes
- 02914, RI: higher priced homes
- 04011, ME: higher priced homes
- 99202, WA: higher priced homes
- 13820, NY: higher priced homes
- 53083, WI: higher priced homes
- 73135, OK: higher priced homes
- 73008, OK: higher priced homes
- 71037, LA: higher priced homes
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