Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48627 area can be challenging. Home prices in 48627 are now at a median cost of $138,709, lower than the Michigan average of $196,062.
The average cost of rent is $738/mo in 48627, primarily driven by the current value of real estate in the 48627 area. While nearly 58.32% of residents own their homes outright in 48627, 5.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48627 is $5,104 per month. Households that rent pay about 14.46% of their income on rent here. 48627's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48653, MI: equally priced homes
- 48630, MI: less expensive homes
- 48629, MI: equally priced homes
- 49667, MI: less expensive homes
- 48656, MI: less expensive homes
- 49651, MI: equally priced homes
- 49633, MI: equally priced homes
- 48654, MI: less expensive homes
- 49663, MI: less expensive homes
- 48635, MI: less expensive homes
Zip Codes with Similar Populations
- 59532, MT: less expensive homes
- 72449, AR: less expensive homes
- 72389, AR: less expensive homes
- 71711, AR: less expensive homes
- 71677, AR: less expensive homes
- 71426, LA: less expensive homes
- 59848, MT: equally priced homes
- 59546, MT: higher priced homes
- 59544, MT: higher priced homes
- 72572, AR: less expensive homes
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