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These days, finding an affordable place to live in the 49221 area can be challenging. Home prices in 49221 are now at a median cost of $131,601, lower than the Michigan average of $196,062.
The average cost of rent is $894/mo in 49221, primarily driven by the current value of real estate in the 49221 area. While nearly 37.91% of residents own their homes outright in 49221, 28.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49221 is $4,601 per month. Households that rent pay about 19.43% of their income on rent here. 49221's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49268, MI: equally priced homes
- 49286, MI: higher priced homes
- 49235, MI: equally priced homes
- 49287, MI: higher priced homes
- 49265, MI: higher priced homes
- 49228, MI: higher priced homes
- 49229, MI: higher priced homes
- 49236, MI: higher priced homes
- 49253, MI: higher priced homes
- 49238, MI: higher priced homes
Zip Codes with Similar Populations
- 31061, GA: higher priced homes
- 54701, WI: higher priced homes
- 98006, WA: higher priced homes
- 63122, MO: higher priced homes
- 08857, NJ: higher priced homes
- 92240, CA: higher priced homes
- 78201, TX: equally priced homes
- 60652, IL: higher priced homes
- 34120, FL: higher priced homes
- 88220, NM: higher priced homes
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