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These days, finding an affordable place to live in the 49504 area can be challenging. Home prices in 49504 are now at a median cost of $250,701, higher than the Michigan average of $250,415.
The average cost of rent is $1,326/mo in 49504, primarily driven by the current value of real estate in the 49504 area. In 49504, 43.09% of households rent, and 35.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49504 is $6,219 per month. Households that rent pay about 21.33% of their income on rent here. 49504’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 49503, MI: higher priced homes
- 49544, MI: equally priced homes
- 49505, MI: equally priced homes
- 49534, MI: higher priced homes
- 49507, MI: less expensive homes
- 49506, MI: higher priced homes
- 49509, MI: less expensive homes
- 49321, MI: higher priced homes
- 49519, MI: equally priced homes
- 49525, MI: higher priced homes
Zip Codes with Similar Populations
- 70056, LA: equally priced homes
- 52402, IA: less expensive homes
- 55113, MN: higher priced homes
- 59101, MT: higher priced homes
- 60025, IL: higher priced homes
- 60103, IL: higher priced homes
- 60115, IL: less expensive homes
- 60652, IL: equally priced homes
- 63136, MO: less expensive homes
- 65803, MO: less expensive homes
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