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Lowell city, MI

ZIP 49331 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49331

Median Home Value
$293,600
Median Rent
$922
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,886/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

26.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49331 in Lowell city, MI, a household would need roughly $81,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,886. That sits below the local median household income ($92,443), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
85.3%+30% vs US avg
x
Vacancy Rate
4.3%-59% vs US avg
x
Broadband Access
92.1%+6% vs US avg
x
4+ Bedrooms
7.8%-47% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
3.2%-54% vs US avg
x
Rent Burden >30%
6.5%-87% vs US avg
x
Mortgage-Free
32.7%-14% vs US avg
x
$293,600
Home Value
$922
Rent
1986
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.5%
  • 1-unit attached1.1%
  • 2-9 units5.8%
  • 10+ units5.0%
  • Mobile home & other6.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$293,600
Median rent$922
Owner-occupied85.3%
Vacant4.3%
Price-to-income3.2x
Est. income to buy$81,000