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These days, finding an affordable place to live in the 48089 area can be challenging. Home prices in 48089 are now at a median cost of $88,708, lower than the Michigan average of $196,062.
The average cost of rent is $1,058/mo in 48089, primarily driven by the current value of real estate in the 48089 area. While nearly 50.49% of residents own their homes outright in 48089, 44.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48089 is $3,933 per month. Households that rent pay about 26.91% of their income on rent here. 48089's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48015, MI: higher priced homes
- 48205, MI: less expensive homes
- 48021, MI: equally priced homes
- 48093, MI: higher priced homes
- 48091, MI: equally priced homes
- 48234, MI: less expensive homes
- 48088, MI: higher priced homes
- 48066, MI: higher priced homes
- 48225, MI: higher priced homes
- 48092, MI: higher priced homes
Zip Codes with Similar Populations
- 24540, VA: higher priced homes
- 00921, PR: higher priced homes
- 37830, TN: higher priced homes
- 23503, VA: higher priced homes
- 16101, PA: higher priced homes
- 20746, MD: higher priced homes
- 71270, LA: higher priced homes
- 79904, TX: higher priced homes
- 78653, TX: higher priced homes
- 76053, TX: higher priced homes
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