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These days, finding an affordable place to live in the 49115 area can be challenging. Home prices in 49115 are now at a median cost of $334,300, higher than the Michigan average of $250,415.
The average cost of rent is $1,021/mo in 49115, primarily driven by the current value of real estate in the 49115 area. In 49115, 6.05% of households rent, and 64.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49115 is $6,919 per month. Households that rent pay about 14.76% of their income on rent here. 49115’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 49116, MI: higher priced homes
- 49125, MI: less expensive homes
- 49119, MI: less expensive homes
- 49128, MI: less expensive homes
- 49129, MI: higher priced homes
- 49106, MI: less expensive homes
- 49113, MI: less expensive homes
- 49117, MI: higher priced homes
- 49101, MI: less expensive homes
- 46552, IN: less expensive homes
Zip Codes with Similar Populations
- 73549, OK: less expensive homes
- 56295, MN: less expensive homes
- 56517, MN: less expensive homes
- 56519, MN: less expensive homes
- 56660, MN: less expensive homes
- 56663, MN: less expensive homes
- 57322, SD: less expensive homes
- 58455, ND: equally priced homes
- 71034, LA: less expensive homes
- 72061, AR: less expensive homes
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