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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 $215,998, lower than the Michigan average of $250,415.
The average cost of rent is $1,106/mo in 49008, primarily driven by the current value of real estate in the 49008 area. In 49008, 34.93% of households rent, and 42.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49008 is $6,492 per month. Households that rent pay about 17.03% of their income on rent here. 49008’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: higher priced homes
- 49004, MI: equally priced homes
- 49071, MI: higher priced homes
Zip Codes with Similar Populations
- 97239, OR: higher priced homes
- 79360, TX: higher 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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