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These days, finding an affordable place to live in the 49111 area can be challenging. Home prices in 49111 are now at a median cost of $203,184, lower than the Michigan average of $250,415.
The average cost of rent is $783/mo in 49111, primarily driven by the current value of real estate in the 49111 area. In 49111, 13.35% of households rent, and 52.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49111 is $5,705 per month. Households that rent pay about 13.72% of their income on rent here. 49111’s most expensive areas are in the northeastern 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
- 49126, MI: equally priced homes
- 49102, MI: equally priced homes
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- 49047, MI: equally priced homes
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- 49127, MI: higher priced homes
- 49098, MI: less expensive homes
Zip Codes with Similar Populations
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