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These days, finding an affordable place to live in the 49401 area can be challenging. Home prices in 49401 are now at a median cost of $203,077, higher than the Michigan average of $196,062.
The average cost of rent is $1,054/mo in 49401, primarily driven by the current value of real estate in the 49401 area. While nearly 32.45% of residents own their homes outright in 49401, 57.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49401 is $4,831 per month. Households that rent pay about 21.83% of their income on rent here. 49401's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49435, MI: higher priced homes
- 49428, MI: higher priced homes
- 49404, MI: equally priced homes
- 49426, MI: higher priced homes
- 49534, MI: higher priced homes
- 49418, MI: higher priced homes
- 49464, MI: higher priced homes
- 49504, MI: less expensive homes
- 49544, MI: less expensive homes
- 49519, MI: less expensive homes
Zip Codes with Similar Populations
- 74501, OK: less expensive homes
- 43223, OH: less expensive homes
- 02474, MA: higher priced homes
- 48071, MI: less expensive homes
- 48306, MI: higher priced homes
- 48315, MI: higher priced homes
- 50501, IA: less expensive homes
- 55811, MN: higher priced homes
- 60656, IL: higher priced homes
- 62703, IL: less expensive homes
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