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These days, finding an affordable place to live in the 48651 area can be challenging. Home prices in 48651 are now at a median cost of $171,826, lower than the Michigan average of $250,415.
The average cost of rent is $785/mo in 48651, primarily driven by the current value of real estate in the 48651 area. In 48651, 23.16% of households rent, and 54.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48651 is $3,491 per month. Households that rent pay about 22.50% of their income on rent here. 48651’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48629, MI: equally priced homes
- 48630, MI: less expensive homes
- 48656, MI: less expensive homes
- 49667, MI: equally priced homes
- 49632, MI: less expensive homes
- 48661, MI: equally priced homes
- 49651, MI: higher priced homes
- 49657, MI: equally priced homes
- 48610, MI: less expensive homes
- 48756, MI: less expensive homes
Zip Codes with Similar Populations
- 54171, WI: higher priced homes
- 48884, MI: higher priced homes
- 49067, MI: higher priced homes
- 49336, MI: equally priced homes
- 49682, MI: higher priced homes
- 50536, IA: less expensive homes
- 52213, IA: higher priced homes
- 53039, WI: higher priced homes
- 53809, WI: higher priced homes
- 53933, WI: higher priced homes
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