Affordable
Expensive
Expensive
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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 $150,998, lower than the Michigan average of $196,062.
The average cost of rent is $731/mo in 49232, primarily driven by the current value of real estate in the 49232 area. While nearly 38.85% of residents own their homes outright in 49232, 17.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49232 is $4,282 per month. Households that rent pay about 17.08% of their income on rent here. 49232's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
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- 46737, IN: higher priced homes
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Zip Codes with Similar Populations
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- 83101, WY: equally priced homes
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- 27009, NC: higher priced homes
- 26142, WV: equally priced homes
- 22027, VA: higher priced homes
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