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These days, finding an affordable place to live in the 49250 area can be challenging. Home prices in 49250 are now at a median cost of $125,432, lower than the Michigan average of $196,062.
The average cost of rent is $740/mo in 49250, primarily driven by the current value of real estate in the 49250 area. While nearly 42.67% of residents own their homes outright in 49250, 17.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49250 is $4,366 per month. Households that rent pay about 16.96% of their income on rent here. 49250's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49252, MI: less expensive homes
- 49242, MI: higher priced homes
- 49241, MI: higher priced homes
- 49227, MI: higher priced homes
- 49262, MI: equally priced homes
- 49246, MI: higher priced homes
- 49249, MI: higher priced homes
- 49237, MI: higher priced homes
- 49282, MI: higher priced homes
- 49245, MI: equally priced homes
Zip Codes with Similar Populations
- 81652, CO: higher priced homes
- 14706, NY: equally priced homes
- 16735, PA: less expensive homes
- 17307, PA: higher priced homes
- 17314, PA: higher priced homes
- 17361, PA: higher priced homes
- 18810, PA: higher priced homes
- 19066, PA: higher priced homes
- 21152, MD: higher priced homes
- 22824, VA: higher priced homes
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