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Affordable
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These days, finding an affordable place to live in the 49232 area can be challenging. Home prices in 49232 are now at a median cost of $187,263, lower than the Michigan average of $250,415.
The average cost of rent is $852/mo in 49232, primarily driven by the current value of real estate in the 49232 area. In 49232, 15.54% of households rent, and 42.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49232 is $4,478 per month. Households that rent pay about 19.04% of their income on rent here. 49232’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 43554, OH: less expensive homes
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Zip Codes with Similar Populations
- 04456, ME: higher priced homes
- 79252, TX: less expensive homes
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- 26142, WV: less expensive homes
- 22027, VA: higher priced homes
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