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These days, finding an affordable place to live in the 48748 area can be challenging. Home prices in 48748 are now at a median cost of $118,509, lower than the Michigan average of $196,062.
The average cost of rent is $577/mo in 48748, primarily driven by the current value of real estate in the 48748 area. While nearly 54.26% of residents own their homes outright in 48748, 5.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48748 is $3,983 per month. Households that rent pay about 14.48% of their income on rent here. 48748's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48763, MI: equally priced homes
- 48764, MI: higher priced homes
- 48770, MI: less expensive homes
- 48739, MI: equally priced homes
- 48730, MI: equally priced homes
- 48743, MI: higher priced homes
- 48635, MI: equally priced homes
- 48750, MI: less expensive homes
- 48756, MI: less expensive homes
- 48654, MI: less expensive homes
Zip Codes with Similar Populations
- 12140, NY: higher priced homes
- 12737, NY: higher priced homes
- 98858, WA: higher priced homes
- 14481, NY: higher priced homes
- 16838, PA: equally priced homes
- 17058, PA: higher priced homes
- 95977, CA: higher priced homes
- 17881, PA: less expensive homes
- 59920, MT: higher priced homes
- 70086, LA: equally priced homes
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