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These days, finding an affordable place to live in the 48629 area can be challenging. Home prices in 48629 are now at a median cost of $140,359, lower than the Michigan average of $196,062.
The average cost of rent is $765/mo in 48629, primarily driven by the current value of real estate in the 48629 area. While nearly 54.54% of residents own their homes outright in 48629, 20.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48629 is $3,612 per month. Households that rent pay about 21.18% of their income on rent here. 48629's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48630, MI: less expensive homes
- 48651, MI: equally priced homes
- 49667, MI: less expensive homes
- 48627, MI: equally priced homes
- 48653, MI: equally priced homes
- 49632, MI: less expensive homes
- 48656, MI: less expensive homes
- 49651, MI: equally priced homes
- 49657, MI: equally priced homes
- 48661, MI: less expensive homes
Zip Codes with Similar Populations
- 87327, NM: less expensive homes
- 18037, PA: higher priced homes
- 19333, PA: higher priced homes
- 20616, MD: higher priced homes
- 21131, MD: higher priced homes
- 24091, VA: higher priced homes
- 25840, WV: less expensive homes
- 76442, TX: equally priced homes
- 78575, TX: higher priced homes
- 78839, TX: less expensive homes
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