Housing costs in Warren?
A typical home costs
$148,900, which is 56.0% less expensive than the national average of
$338,100 and 31.9% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Warren costs
$1,220 per month, which is 10.9% more than the national average of
$1,100 and close to the state average of
$1,220.
Can I afford Warren?
To live comfortably in Warren (zip 48091), Michigan, a minimum annual income of
$28,440 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Warren?
The cost of living in 48091 Warren, MI is relatively low when compared to much of the rest of the state. The median home value is $128,500, only slightly higher than the national median of $184,700. Renters pay an average monthly rent of $1,080 per month which is lower than both the Michigan and national averages. Other expenses such as utilities, groceries, and transportation are also competitively priced in this area. This makes it possible for families to live comfortably while still keeping costs low.