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ZIP Code · MI

ZIP 49024

Part of Portage, MI
Pop. 30,823·Kalamazoo County·71st most expensive ZIP in Michigan
Median rent (all units)
$1,500/mo
Year-over-Year
+5.1%
Month-over-Month
-9.4%
vs US Median
-$465
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 49024 · $1,500
More affordable than 74% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$1,130
2 BR
$1,320
3 BR
$1,740
4 BR+
$1,790
Research median
$1,320/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,000/yr
At $1,500/mo median
Location
StateMI
CountyKalamazoo County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.1% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+5.1% YoY, -9.4% MoM), not inventory.
Demographics

Who lives here

ZIP 49024 (Portage, MI) is majority owner-occupied, has a median income above the national average, 51.8% of residents hold a bachelor's degree or higher.

Population
30,823
Median income
$91,105
Median age
37.7
Renters
31.5%
Age distribution
21.1%
24.3%
25.7%
17.1%
Under 1821.1%
18–3424.3%
35–5425.7%
55–6411.8%
65+17.1%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
79%
White79%
Black6.9%
Hispanic5.6%
Asian4.9%
Other3.6%
Education (25+)
15.7%
29.6%
51.8%
No HS diploma3%
HS diploma15.7%
Some college29.6%
Bachelor's+51.8%
Housing tenure
68.5%
31.5%
Owner68.5%
Renter31.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 49024 in Portage, MI has changed in 5 years

Income
$73,711 → $91,105
up 23.6%
Population
30,070 → 30,823
up 2.5%
Renter share
34.3% → 31.5%
-2.8 pts
Bachelor's+
50.1% → 51.8%
+1.7 pts
Median age
36.5 → 37.7
+1.2 yrs

Median household income grew from $73,711 to $91,105 between 2021 and 2024, a 23.6% shift. Headcount in the area went from 30,070 to 30,823 between 2021 and 2024, a 2.5% change. About 31.5% of households rent today, against 34.3% in 2021.

Community

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Local insights

Tips for renters in ZIP 49024

About renting in ZIP 49024

Last updated: July 20, 2026

ZIP code 49024 covers Portage, MI. The median rent here is $1,500/mo as of July 2026. A 1-bedroom rents for a median of $1,130/mo. A 2-bedroom rents for a median of $1,320/mo.

At 20% of local median household income ($91,105/yr), ZIP 49024 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 49024?

As of July 20, 2026, the median monthly rent in ZIP 49024 (Portage, MI) is $1,500. This is based on aggregated data from public sources and community submissions.

How does ZIP 49024 rent compare to the US average?

ZIP 49024's median rent of $1,500/mo is $465 (24%) below the US national median of $1,965/mo.

How does ZIP 49024 compare to other ZIPs in Michigan?

ZIP 49024 falls in the middle range for Michigan, ranking #71 out of 165 ZIPs at $1,500/mo.

How much income do you need to rent in ZIP 49024?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,500/mo in ZIP 49024. The local median household income is $91,105/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 49024?

Rent in ZIP 49024 has increased 5.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 49024 an affordable place to rent?

ZIP 49024 is considered very affordable for renters. At $1,500/mo, rent takes approximately 20% of the local median household income ($91,105/yr). The standard benchmark is 30%. ZIP 49024 falls comfortably within that range.

What percentage of ZIP 49024 residents rent vs. own?

According to Census data, approximately 31.5% of ZIP 49024 households are renters, while 68.5% are owner-occupied. ZIP 49024 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 49024 compare to the rest of Portage?

ZIP 49024 is more affordable than Portage overall. At $1,500/mo, it's $5 below the Portage citywide median of $1,505/mo.

When was rent data for ZIP 49024 last updated?

Rent data for ZIP 49024 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,500/mo, rent takes ~20% of ZIP 49024's median household income ($91,105/yr). The standard benchmark is 30%.

ZIP 49024 20%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 49024 (Portage, MI)

Recent submissions

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