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These days, finding an affordable place to live in the 49201 area can be challenging. Home prices in 49201 are now at a median cost of $216,106, lower than the Michigan average of $250,415.
The average cost of rent is $1,020/mo in 49201, primarily driven by the current value of real estate in the 49201 area. In 49201, 24.61% of households rent, and 45.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49201 is $6,410 per month. Households that rent pay about 15.92% of their income on rent here. 49201’s most expensive areas are in the southwestern 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
- 49202, MI: less expensive homes
- 49203, MI: less expensive homes
- 49254, MI: less expensive homes
- 49283, MI: equally priced homes
- 49234, MI: higher priced homes
- 49272, MI: equally priced homes
- 49277, MI: higher priced homes
- 49269, MI: equally priced homes
- 49261, MI: higher priced homes
- 49240, MI: higher priced homes
Zip Codes with Similar Populations
- 34221, FL: higher priced homes
- 02860, RI: higher priced homes
- 48843, MI: higher priced homes
- 35758, AL: higher priced homes
- 95843, CA: higher priced homes
- 08817, NJ: higher priced homes
- 18103, PA: higher priced homes
- 44646, OH: equally priced homes
- 11590, NY: higher priced homes
- 78109, TX: higher priced homes
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