49031 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 49031 is about $800 per month. This puts it in the 40th percentile compared to the state average cost of rent, which is $1,036. Households in 49031 have a median income of $5,148 per month so the average renter in 49031 is spending roughly 16% of their earnings on housing.
Nationally, and in 49031, home values are the data point most closely correlated with the cost of rent. The median price of a home in 49031 is $177,028 right now, which is lower than nearby zip codes, meaning that rents in 49031 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the eastern parts of 49031 while lower rent rates are often available in western areas.
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