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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 $159,162, lower than the Michigan average of $196,062.
The average cost of rent is $866/mo in 49111, primarily driven by the current value of real estate in the 49111 area. While nearly 52.38% of residents own their homes outright in 49111, 13.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49111 is $4,720 per month. Households that rent pay about 18.35% of their income on rent here. 49111's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 49126, MI: equally priced homes
- 49102, MI: less expensive homes
- 49104, MI: equally priced homes
- 49103, MI: equally priced homes
- 49022, MI: less expensive homes
- 49047, MI: equally priced homes
- 49085, MI: higher priced homes
- 49101, MI: higher priced homes
- 49127, MI: higher priced homes
- 49098, MI: less expensive homes
Zip Codes with Similar Populations
- 06426, CT: higher priced homes
- 47459, IN: equally priced homes
- 27810, NC: higher priced homes
- 26205, WV: less expensive homes
- 25524, WV: less expensive homes
- 21738, MD: higher priced homes
- 18092, PA: higher priced homes
- 16749, PA: less expensive homes
- 15312, PA: equally priced homes
- 15052, PA: equally priced homes
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