Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48743 area can be challenging. Home prices in 48743 are now at a median cost of $156,300, lower than the Michigan average of $196,062.
The average cost of rent is $620/mo in 48743, primarily driven by the current value of real estate in the 48743 area. While nearly 50.97% of residents own their homes outright in 48743, 4.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48743 is $3,589 per month. Households that rent pay about 17.28% of their income on rent here. 48743's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48761, MI: less expensive homes
- 48739, MI: less expensive homes
- 48635, MI: less expensive homes
- 48737, MI: less expensive homes
- 48654, MI: less expensive homes
- 48748, MI: less expensive homes
- 48730, MI: less expensive homes
- 48745, MI: less expensive homes
- 48750, MI: less expensive homes
- 48738, MI: less expensive homes
Zip Codes with Similar Populations
- 79240, TX: less expensive homes
- 62256, IL: higher priced homes
- 62519, IL: less expensive homes
- 62879, IL: less expensive homes
- 63387, MO: less expensive homes
- 63744, MO: less expensive homes
- 63774, MO: less expensive homes
- 65675, MO: higher priced homes
- 67055, KS: higher priced homes
- 77561, TX: higher priced homes
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