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These days, finding an affordable place to live in the 49008 area can be challenging. Home prices in 49008 are now at a median cost of $172,449, lower than the Michigan average of $196,062.
The average cost of rent is $830/mo in 49008, primarily driven by the current value of real estate in the 49008 area. While nearly 46.76% of residents own their homes outright in 49008, 56.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49008 is $3,810 per month. Households that rent pay about 21.78% of their income on rent here. 49008's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 49006, MI: equally priced homes
- 49001, MI: less expensive homes
- 49007, MI: less expensive homes
- 49024, MI: higher priced homes
- 49009, MI: higher priced homes
- 49048, MI: less expensive homes
- 49074, MI: less expensive homes
- 49002, MI: equally priced homes
- 49004, MI: equally priced homes
- 49071, MI: higher priced homes
Zip Codes with Similar Populations
- 97239, OR: higher priced homes
- 79360, TX: equally priced homes
- 89027, NV: higher priced homes
- 91901, CA: higher priced homes
- 91902, CA: higher priced homes
- 94945, CA: higher priced homes
- 97201, OR: higher priced homes
- 97215, OR: higher priced homes
- 32118, FL: higher priced homes
- 31030, GA: less expensive homes
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