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These days, finding an affordable place to live in the 49037 area can be challenging. Home prices in 49037 are now at a median cost of $101,003, lower than the Michigan average of $250,415.
The average cost of rent is $946/mo in 49037, primarily driven by the current value of real estate in the 49037 area. In 49037, 38.78% of households rent, and 45.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49037 is $3,978 per month. Households that rent pay about 23.78% of their income on rent here. 49037’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern 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
- 49017, MI: higher priced homes
- 49015, MI: higher priced homes
- 49014, MI: higher priced homes
- 49012, MI: higher priced homes
- 49034, MI: higher priced homes
- 49033, MI: higher priced homes
- 49060, MI: higher priced homes
- 49053, MI: higher priced homes
- 49050, MI: higher priced homes
- 49021, MI: higher priced homes
Zip Codes with Similar Populations
- 80212, CO: higher priced homes
- 45251, OH: higher priced homes
- 46818, IN: higher priced homes
- 47240, IN: higher priced homes
- 47803, IN: higher priced homes
- 48473, MI: higher priced homes
- 67204, KS: higher priced homes
- 71446, LA: higher priced homes
- 74801, OK: higher priced homes
- 74804, OK: higher priced homes
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