Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 49117 area can be challenging. Home prices in 49117 are now at a median cost of $401,512, higher than the Michigan average of $196,062.
The average cost of rent is $804/mo in 49117, primarily driven by the current value of real estate in the 49117 area. While nearly 50.45% of residents own their homes outright in 49117, 18.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49117 is $5,938 per month. Households that rent pay about 13.53% of their income on rent here. 49117's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49129, MI: equally priced homes
- 49116, MI: higher priced homes
- 49128, MI: less expensive homes
- 46360, IN: less expensive homes
- 49115, MI: less expensive homes
- 46371, IN: less expensive homes
- 49125, MI: less expensive homes
- 46350, IN: less expensive homes
- 49119, MI: less expensive homes
- 49113, MI: less expensive homes
Zip Codes with Similar Populations
- 60606, IL: less expensive homes
- 45843, OH: less expensive homes
- 46371, IN: less expensive homes
- 46573, IN: less expensive homes
- 46787, IN: less expensive homes
- 46792, IN: less expensive homes
- 47638, IN: less expensive homes
- 47665, IN: less expensive homes
- 47901, IN: less expensive homes
- 49064, MI: less expensive homes
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