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These days, finding an affordable place to live in the 49227 area can be challenging. Home prices in 49227 are now at a median cost of $155,236, lower than the Michigan average of $196,062.
The average cost of rent is $704/mo in 49227, primarily driven by the current value of real estate in the 49227 area. While nearly 46.58% of residents own their homes outright in 49227, 14.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49227 is $4,462 per month. Households that rent pay about 15.78% of their income on rent here. 49227's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49082, MI: equally priced homes
- 49252, MI: less expensive homes
- 49274, MI: less expensive homes
- 49242, MI: equally priced homes
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- 49036, MI: less expensive homes
- 49266, MI: less expensive homes
- 49262, MI: less expensive homes
- 49092, MI: less expensive homes
- 49271, MI: less expensive homes
Zip Codes with Similar Populations
- 27938, NC: less expensive homes
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- 49876, MI: less expensive homes
- 75451, TX: equally priced homes
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- 56271, MN: equally priced homes
- 56319, MN: higher priced homes
- 37328, TN: equally priced homes
- 36776, AL: less expensive homes
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