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These days, finding an affordable place to live in the 49051 area can be challenging. Home prices in 49051 are now at a median cost of $194,881, lower than the Michigan average of $196,062.
The average cost of rent is $854/mo in 49051, primarily driven by the current value of real estate in the 49051 area. While nearly 35.79% of residents own their homes outright in 49051, 12.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49051 is $6,258 per month. Households that rent pay about 13.65% of their income on rent here. 49051's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 49011, MI: less expensive homes
- 49034, MI: equally priced homes
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- 49094, MI: less expensive homes
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- 49066, MI: less expensive homes
Zip Codes with Similar Populations
- 68869, NE: less expensive homes
- 43002, OH: equally priced homes
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- 55959, MN: equally priced homes
- 64469, MO: less expensive homes
- 66783, KS: less expensive homes
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