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These days, finding an affordable place to live in the 48801 area can be challenging. Home prices in 48801 are now at a median cost of $100,775, lower than the Michigan average of $196,062.
The average cost of rent is $671/mo in 48801, primarily driven by the current value of real estate in the 48801 area. While nearly 38.85% of residents own their homes outright in 48801, 39.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48801 is $4,009 per month. Households that rent pay about 16.75% of their income on rent here. 48801's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48880, MI: equally priced homes
- 48832, MI: equally priced homes
- 48847, MI: higher priced homes
- 48877, MI: equally priced homes
- 48889, MI: higher priced homes
- 48615, MI: equally priced homes
- 48862, MI: higher priced homes
- 48891, MI: higher priced homes
- 48662, MI: equally priced homes
- 48818, MI: higher priced homes
Zip Codes with Similar Populations
- 82520, WY: higher priced homes
- 21029, MD: higher priced homes
- 21047, MD: higher priced homes
- 28551, NC: higher priced homes
- 28580, NC: equally priced homes
- 32054, FL: higher priced homes
- 33567, FL: higher priced homes
- 33776, FL: higher priced homes
- 77807, TX: higher priced homes
- 02052, MA: higher priced homes
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