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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 $81,794, lower than the Michigan average of $196,062.
The average cost of rent is $780/mo in 48766, primarily driven by the current value of real estate in the 48766 area. While nearly 66.74% of residents own their homes outright in 48766, 6.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48766 is $3,937 per month. Households that rent pay about 19.82% of their income on rent here. 48766's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
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: equally priced 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: higher priced homes
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