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Rental Insights for ZIP Code 49015 (Battle Creek, MI)

Housing Rentals in ZIP Code 49015 (Battle Creek, MI)

49015 ZIP Code in Michigan

Learn About Housing Rentals in the ZIP Code 49015

ZIP Code 49015 is primarily located in Battle Creek, MI in Calhoun County. The median housing rent in this region or Michigan is estimated at $875 per month. About 31.6% of housing units in this Calhoun County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 12.9%.

The median rent in ZIP Code 49015 of $875 per month is 0% higher than the aggregate Michigan median monthly rent of $871, and is 18% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 62.1% of renters in ZIP Code 49015 pay between $500 and $999 per month for housing. That is 18% higher than in Michigan overall, in which 52.7% of total state residents pay between $500 and $999 per month for housing. Just 0.2% of renters in this Battle Creek, MI region pay between $2,500 and $2,999 per month for rent.

ZIP Code 49015 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 49015

See the chart below for a comparison of monthly rental costs in ZIP Code 49015, Michigan, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 49015 along with those in the state of Michigan and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 49015

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 49015 Michigan U.S.
Less than $500 5.0% 11.9% 9.4%
$500 to $999 62.1% 52.7% 36.2%
$1,000 to $1,499 28.2% 26.6% 30.0%
$1,500 to $1,999 2.9% 6.0% 14.0%
$2,000 to $2,499 0.2% 1.7% 5.6%
$2,500 to $2,999 0.2% 0.5% 2.4%
$3,000 or more 1.4% 0.7% 2.4%

Rent Cost vs. Income in ZIP Code 49015

Renters in ZIP Code 49015 use an estimated 29.51% of their income to cover their monthly rent payments. That is about 0% lower than in Michigan overall. The estimate for Michigan overall is 29.56% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 49015 renters use about 1% less of their income to cover rent expense. Household income figures for ZIP Code 49015 come in higher than in Michigan as a whole. The median annual household income in ZIP Code 49015 of $57,254 sits approximately 0% higher than the overall Michigan median income of $57,144 and approximately 9% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 49015

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 49015, Michigan, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 49015 along with the same calculations in the state of Michigan and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 49015

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 49015 Michigan U.S.
Less than 15.0 percent 12.2% 13.9% 13.1%
15.0 to 19.9 percent 14.9% 13.1% 12.9%
20.0 to 24.9 percent 14.9% 12.7% 12.9%
25.0 to 29.9 percent 12.8% 11.5% 11.6%
30.0 to 34.9 percent 3.6% 8.8% 9.1%
35.0 percent or more 41.5% 40.0% 40.5%

Household Income in ZIP Code 49015

See the table below for the regional comparison of annual household income in ZIP Code 49015.

Income ZIP 49015 Michigan U.S.
Less than $10,000 4.6% 6.6% 6.0%
$10,000 to $14,999 4.2% 4.4% 4.3%
$15,000 to $24,999 12.1% 9.6% 8.9%
$25,000 to $34,999 10.2% 9.8% 8.9%
$35,000 to $49,999 14.4% 13.5% 12.3%
$50,000 to $74,999 16.9% 18.3% 17.2%
$75,000 to $99,999 13.2% 12.7% 12.7%
$100,000 to $149,999 14.1% 14.2% 15.1%
$150,000 to $199,999 5.3% 5.6% 6.8%
$200,000 or more 5.0% 5.2% 7.7%

Household Income in ZIP Code 49015

See the chart below for a comparison of annual household income figures in ZIP Code 49015, Michigan, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 49015 alongside the same figures for the state of Michigan and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 49015

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 49015.

ZIP 49015 Michigan U.S.
Median Housing Rent $875 $871 $1,062
Renter-Occupied Housing Units 31.6% 28.8% 36.0%
Rental Vacancy Rate 12.9% 5.1% 6.0%
Average Size of Renter-Occupied Unit 2.18 2.26 2.49
Average # of Bedrooms Per Unit 2.64 2.79 2.75
Percent of Income Spent on Rent 29.51% 29.56% 29.83%
Per Capita Income $31,438 $31,713 $34,103
Median Household Income $76,001 $78,400 $88,607
Living Below the Poverty Line 12.1% 9.9% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 49015

In ZIP Code 49015 (Battle Creek, MI), and estimated 31.6% of housing units are occupied by renters. This region has an approximate rental vacany rate of 12.9%.

The per capita income in 49015 is estimated at $31,438, which goes along with an estimated median household income of $76,001. About 12.1% of residents in this Calhoun County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.18 occupants, while the units have an aggregate average size of 2.64 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.51% of their income on housing rental costs.

Rental FAQs for ZIP Code 49015

1

What is the median monthly rent in ZIP Code 49015?

Median rent for housing in ZIP Code 49015 in Calhoun County in Michigan is approximately $875 per month.
2

Is it expensive to rent in ZIP Code 49015?

Rent in ZIP Code 49015 is higher than average in the state of Michigan overall. The median monthly rent of $875 in ZIP Code 49015 is approximately 0% higher than the Michigan median of $871. Additionally, median rent in this Battle Creek, MI region ($875) is about 18% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 49015?

High-priced rentals are more common in ZIP Code 49015 than in Michigan overall. The percentage of rentals in ZIP Code 49015 that cost $3,000 or more per month (1.4%) is about 100% higher than the Michigan rate of 0.7% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 42% higher than the aforementioned 49015 rate of 1.4%.
4

Are affordable rentals common in ZIP Code 49015?

Affordable rentals are more common in ZIP Code 49015 than in Michigan overall. The percentage of housing rentals in ZIP Code 49015 costing $999 or less per month (67.1%) is approximately 4% higher than the Michigan rate of 64.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 47% lower than the previously mentioned 49015 rate of 67.1%.
5

What is the most common cost range that rentals fall into in ZIP Code 49015?

The most common range for rental cost in ZIP Code 49015 is between $500 and $999 per month. About 62.1% of renters in 49015 pay in this range for monthly rent. In comparison, approximately 52.7% of renters in the state of Michigan fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 49015 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 49015 is higher than the rental vacancy rate in the state of Michigan overall. Rental vacancy of 12.9% in ZIP Code 49015 is about 153% higher than the Michigan rate of 5.1%. Looking more broadly, rental vacancy in this Battle Creek, MI region (12.9%) is an estimated 115% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 49015? How does it compare to other Michigan regions?

Median household income in ZIP Code 49015 is higher than in the state of Michigan overall. Annual household income of $57,254 in ZIP Code 49015 is about 0% higher than the Michigan median of $57,144. Additionally, median household income in this Battle Creek, MI region ($57,254) is approximately 9% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 49015 spend on housing costs?

Renters in ZIP Code 49015 spend a lower amount of their income on rent costs than do renters in Michigan overall. Renters in ZIP Code 49015 spend an estimated 29.51% of their income on rent payments, which is about 0% lower than the overall Michigan estimated rate of 29.56%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 1% higher than the ZIP Code 49015 estimated rate of 29.51%.
9

Do renters in ZIP Code 49015 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 49015 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 49015 spending 30 percent or more of their income on rent costs (45.1%) is approximately 8% lower than the Michigan rate of 48.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 9% higher than the aforementioned 49015 rate of 45.1%.
10

What is the average household size of renter-occupied units in ZIP Code 49015?

The average household size of renter-occupied units in ZIP Code 49015 is lower than in the state of Michigan overall. Annual household size of 2.18 in ZIP Code 49015 is about 4% lower than the Michigan median of 2.26. Additionally, median household size in this Battle Creek, MI region (2.18) is approximately 12% lower than median household size of 2.49 in the U.S. as a whole.