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These days, finding an affordable place to live in the 48766 area can be challenging. Home prices in 48766 are now at a median cost of $118,154, lower than the Michigan average of $250,415.
The average cost of rent is $824/mo in 48766, primarily driven by the current value of real estate in the 48766 area. In 48766, 11.17% of households rent, and 70.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48766 is $4,740 per month. Households that rent pay about 17.38% of their income on rent here. 48766’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48749, MI: higher priced homes
- 48765, MI: higher priced homes
- 48770, MI: equally priced homes
- 48659, MI: higher priced homes
- 48756, MI: less expensive homes
- 48703, MI: higher priced homes
- 48610, MI: higher priced homes
- 48763, MI: higher priced homes
- 48764, MI: higher priced homes
- 48661, MI: higher priced homes
Zip Codes with Similar Populations
- 23850, VA: higher priced homes
- 56357, MN: higher priced homes
- 71219, LA: equally priced homes
- 68443, NE: higher priced homes
- 65444, MO: higher priced homes
- 63751, MO: higher priced homes
- 62875, IL: higher priced homes
- 61912, IL: higher priced homes
- 61242, IL: higher priced homes
- 58433, ND: equally priced homes
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