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These days, finding an affordable place to live in the 49088 area can be challenging. Home prices in 49088 are now at a median cost of $271,692, higher than the Michigan average of $250,415.
The average cost of rent is $1,312/mo in 49088, primarily driven by the current value of real estate in the 49088 area. In 49088, 5.59% of households rent, and 43.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49088 is $7,963 per month. Households that rent pay about 16.47% of their income on rent here. 49088’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 49097, MI: equally priced homes
- 49002, MI: equally priced homes
- 49034, MI: less expensive homes
- 49001, MI: less expensive homes
- 49053, MI: less expensive homes
- 49024, MI: equally priced homes
- 49048, MI: less expensive homes
- 49052, MI: less expensive homes
- 49008, MI: less expensive homes
- 49007, MI: less expensive homes
Zip Codes with Similar Populations
- 40409, KY: less expensive homes
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- 62535, IL: higher priced homes
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- 59875, MT: higher priced homes
- 75414, TX: less expensive homes
- 79853, TX: less expensive homes
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