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These days, finding an affordable place to live in the 48649 area can be challenging. Home prices in 48649 are now at a median cost of $121,955, lower than the Michigan average of $196,062.
The average cost of rent is $843/mo in 48649, primarily driven by the current value of real estate in the 48649 area. While nearly 55.86% of residents own their homes outright in 48649, 11.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48649 is $4,390 per month. Households that rent pay about 19.20% of their income on rent here. 48649's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48841, MI: higher priced homes
- 48616, MI: equally priced homes
- 48614, MI: equally priced homes
- 48655, MI: equally priced homes
- 48831, MI: equally priced homes
- 48807, MI: less expensive homes
- 48460, MI: higher priced homes
- 48866, MI: higher priced homes
- 48417, MI: higher priced homes
- 48806, MI: less expensive homes
Zip Codes with Similar Populations
- 72583, AR: less expensive homes
- 39534, MS: higher priced homes
- 39813, GA: less expensive homes
- 40046, KY: higher priced homes
- 41046, KY: equally priced homes
- 43340, OH: equally priced homes
- 47163, IN: higher priced homes
- 49238, MI: higher priced homes
- 02646, MA: higher priced homes
- 52306, IA: higher priced homes
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