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These days, finding an affordable place to live in the 49264 area can be challenging. Home prices in 49264 are now at a median cost of $164,763, lower than the Michigan average of $196,062.
The average cost of rent is $960/mo in 49264, primarily driven by the current value of real estate in the 49264 area. While nearly 35.97% of residents own their homes outright in 49264, 15.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49264 is $6,059 per month. Households that rent pay about 15.84% of their income on rent here. 49264's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
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- 48854, MI: higher priced homes
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- 48813, MI: equally priced homes
- 49076, MI: less expensive homes
Zip Codes with Similar Populations
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- 01081, MA: higher priced homes
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