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These days, finding an affordable place to live in the 48744 area can be challenging. Home prices in 48744 are now at a median cost of $124,581, lower than the Michigan average of $196,062.
The average cost of rent is $815/mo in 48744, primarily driven by the current value of real estate in the 48744 area. While nearly 44.55% of residents own their homes outright in 48744, 10.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48744 is $4,251 per month. Households that rent pay about 19.17% of their income on rent here. 48744's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48760, MI: equally priced homes
- 48435, MI: equally priced homes
- 48464, MI: higher priced homes
- 48723, MI: less expensive homes
- 48727, MI: equally priced homes
- 48741, MI: equally priced homes
- 48768, MI: less expensive homes
- 48746, MI: higher priced homes
- 48461, MI: higher priced homes
- 48729, MI: equally priced homes
Zip Codes with Similar Populations
- 56633, MN: higher priced homes
- 48730, MI: equally priced homes
- 48850, MI: equally priced homes
- 48876, MI: equally priced homes
- 49042, MI: equally priced homes
- 49245, MI: equally priced homes
- 49454, MI: equally priced homes
- 49779, MI: less expensive homes
- 49862, MI: equally priced homes
- 50248, IA: higher priced homes
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