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These days, finding an affordable place to live in the 49229 area can be challenging. Home prices in 49229 are now at a median cost of $232,498, lower than the Michigan average of $250,415.
The average cost of rent is $1,040/mo in 49229, primarily driven by the current value of real estate in the 49229 area. In 49229, 8.27% of households rent, and 32.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49229 is $8,027 per month. Households that rent pay about 12.96% of their income on rent here. 49229’s most expensive areas are in the southeastern 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
- 49286, MI: equally priced homes
- 49238, MI: less expensive homes
- 49236, MI: equally priced homes
- 49268, MI: less expensive homes
- 48131, MI: higher priced homes
- 49228, MI: less expensive homes
- 49221, MI: less expensive homes
- 48160, MI: higher priced homes
- 49270, MI: higher priced homes
- 49287, MI: higher priced homes
Zip Codes with Similar Populations
- 53573, WI: less expensive homes
- 87052, NM: less expensive homes
- 78832, TX: less expensive homes
- 49340, MI: less expensive homes
- 48002, MI: higher priced homes
- 06756, CT: higher priced homes
- 93242, CA: higher priced homes
- 71744, AR: less expensive homes
- 71222, LA: less expensive homes
- 54950, WI: less expensive homes
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