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These days, finding an affordable place to live in the 49220 area can be challenging. Home prices in 49220 are now at a median cost of $186,722, lower than the Michigan average of $196,062.
The average cost of rent is $784/mo in 49220, primarily driven by the current value of real estate in the 49220 area. While nearly 35.43% of residents own their homes outright in 49220, 9.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49220 is $5,349 per month. Households that rent pay about 14.65% of their income on rent here. 49220's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 49253, MI: higher priced homes
- 49233, MI: equally priced homes
- 49282, MI: less expensive homes
- 49249, MI: equally priced homes
- 49230, MI: equally priced homes
- 49262, MI: less expensive homes
- 49265, MI: higher priced homes
- 49247, MI: less expensive homes
- 49235, MI: less expensive homes
- 49271, MI: less expensive homes
Zip Codes with Similar Populations
- 04988, ME: equally priced homes
- 53951, WI: equally priced homes
- 71430, LA: less expensive homes
- 73015, OK: less expensive homes
- 47326, IN: less expensive homes
- 35087, AL: less expensive homes
- 84534, UT: less expensive homes
- 84535, UT: higher priced homes
- 28435, NC: less expensive homes
- 28167, NC: equally priced homes
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