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These days, finding an affordable place to live in the 49050 area can be challenging. Home prices in 49050 are now at a median cost of $173,943, lower than the Michigan average of $196,062.
The average cost of rent is $1,167/mo in 49050, primarily driven by the current value of real estate in the 49050 area. While nearly 42.80% of residents own their homes outright in 49050, 4.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49050 is $6,114 per month. Households that rent pay about 19.09% of their income on rent here. 49050's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 49046, MI: higher priced homes
- 49060, MI: higher priced homes
- 49073, MI: less expensive homes
- 49017, MI: less expensive homes
- 49021, MI: less expensive homes
- 49012, MI: higher priced homes
- 49037, MI: less expensive homes
- 49083, MI: higher priced homes
- 49014, MI: less expensive homes
- 49344, MI: higher priced homes
Zip Codes with Similar Populations
- 80864, CO: higher priced homes
- 32336, FL: less expensive homes
- 32544, FL: higher priced homes
- 35136, AL: higher priced homes
- 38621, MS: less expensive homes
- 41183, KY: less expensive homes
- 42528, KY: less expensive homes
- 43106, OH: less expensive homes
- 45337, OH: equally priced homes
- 75847, TX: less expensive homes
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