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These days, finding an affordable place to live in the 49255 area can be challenging. Home prices in 49255 are now at a median cost of $105,419, lower than the Michigan average of $196,062.
The average cost of rent is $822/mo in 49255, primarily driven by the current value of real estate in the 49255 area. While nearly 40.85% of residents own their homes outright in 49255, 12.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49255 is $3,743 per month. Households that rent pay about 21.95% of their income on rent here. 49255's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 46737, IN: higher priced homes
- 49274, MI: higher priced homes
- 49232, MI: higher priced homes
- 46703, IN: higher priced homes
- 46776, IN: higher priced homes
- 49266, MI: higher priced homes
- 43554, OH: equally priced homes
- 49028, MI: higher priced homes
- 49271, MI: equally priced homes
- 43531, OH: equally priced homes
Zip Codes with Similar Populations
- 46919, IN: higher priced homes
- 10976, NY: higher priced homes
- 12581, NY: higher priced homes
- 12604, NY: higher priced homes
- 27888, NC: less expensive homes
- 49713, MI: higher priced homes
- 08243, NJ: higher priced homes
- 55396, MN: higher priced homes
- 64490, MO: higher priced homes
- 67050, KS: higher priced homes
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