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These days, finding an affordable place to live in the 48661 area can be challenging. Home prices in 48661 are now at a median cost of $123,971, lower than the Michigan average of $196,062.
The average cost of rent is $758/mo in 48661, primarily driven by the current value of real estate in the 48661 area. While nearly 48.31% of residents own their homes outright in 48661, 19.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48661 is $4,242 per month. Households that rent pay about 17.86% of their income on rent here. 48661's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48610, MI: less expensive homes
- 48756, MI: less expensive homes
- 48656, MI: less expensive homes
- 48635, MI: equally priced homes
- 48739, MI: equally priced homes
- 48770, MI: less expensive homes
- 48766, MI: less expensive homes
- 48651, MI: equally priced homes
- 48765, MI: less expensive homes
- 48629, MI: higher priced homes
Zip Codes with Similar Populations
- 02341, MA: higher priced homes
- 98541, WA: higher priced homes
- 98418, WA: higher priced homes
- 98346, WA: higher priced homes
- 98328, WA: higher priced homes
- 97426, OR: higher priced homes
- 97365, OR: higher priced homes
- 95322, CA: higher priced homes
- 94571, CA: higher priced homes
- 93223, CA: higher priced homes
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