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These days, finding an affordable place to live in the 49224 area can be challenging. Home prices in 49224 are now at a median cost of $151,565, lower than the Michigan average of $250,415.
The average cost of rent is $885/mo in 49224, primarily driven by the current value of real estate in the 49224 area. In 49224, 28.71% of households rent, and 48.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49224 is $4,320 per month. Households that rent pay about 20.49% of their income on rent here. 49224’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western 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
- 49237, MI: higher priced homes
- 49269, MI: higher priced homes
- 49284, MI: higher priced homes
- 49245, MI: equally priced homes
- 49068, MI: higher priced homes
- 49283, MI: higher priced homes
- 49241, MI: higher priced homes
- 49246, MI: higher priced homes
- 49277, MI: higher priced homes
- 49202, MI: less expensive homes
Zip Codes with Similar Populations
- 74033, OK: higher priced homes
- 45223, OH: higher priced homes
- 45506, OH: less expensive homes
- 60712, IL: higher priced homes
- 61866, IL: less expensive homes
- 63841, MO: equally priced homes
- 64735, MO: higher priced homes
- 66002, KS: equally priced homes
- 66219, KS: higher priced homes
- 68132, NE: higher priced homes
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