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These days, finding an affordable place to live in the 49112 area can be challenging. Home prices in 49112 are now at a median cost of $237,410, lower than the Michigan average of $250,415.
The average cost of rent is $1,114/mo in 49112, primarily driven by the current value of real estate in the 49112 area. In 49112, 18.55% of households rent, and 42.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49112 is $5,874 per month. Households that rent pay about 18.97% of their income on rent here. 49112’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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
- 46514, IN: less expensive homes
- 46530, IN: higher priced homes
- 49031, MI: equally priced homes
- 46561, IN: equally priced homes
- 46516, IN: less expensive homes
- 49130, MI: higher priced homes
- 46545, IN: less expensive homes
- 46635, IN: equally priced homes
- 46517, IN: less expensive homes
- 49095, MI: equally priced homes
Zip Codes with Similar Populations
- 02743, MA: higher priced homes
- 08051, NJ: higher priced homes
- 48215, MI: less expensive homes
- 72753, AR: higher priced homes
- 66111, KS: less expensive homes
- 64106, MO: higher priced homes
- 63044, MO: equally priced homes
- 60514, IL: higher priced homes
- 55812, MN: higher priced homes
- 54942, WI: higher priced homes
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