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These days, finding an affordable place to live in the 48750 area can be challenging. Home prices in 48750 are now at a median cost of $95,493, lower than the Michigan average of $196,062.
The average cost of rent is $659/mo in 48750, primarily driven by the current value of real estate in the 48750 area. While nearly 57.83% of residents own their homes outright in 48750, 18.37% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48750 is $3,642 per month. Households that rent pay about 18.09% of their income on rent here. 48750's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48738, MI: higher priced homes
- 48745, MI: equally priced homes
- 48730, MI: higher priced homes
- 48748, MI: higher priced homes
- 48737, MI: equally priced homes
- 48739, MI: higher priced homes
- 48743, MI: higher priced homes
- 48761, MI: equally priced homes
- 48635, MI: higher priced homes
- 48654, MI: equally priced homes
Zip Codes with Similar Populations
- 37190, TN: higher priced homes
- 48612, MI: higher priced homes
- 46809, IN: equally priced homes
- 46565, IN: higher priced homes
- 46406, IN: less expensive homes
- 39823, GA: higher priced homes
- 39428, MS: less expensive homes
- 38382, TN: equally priced homes
- 38375, TN: higher priced homes
- 38344, TN: higher priced homes
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