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These days, finding an affordable place to live in the 48811 area can be challenging. Home prices in 48811 are now at a median cost of $194,593, lower than the Michigan average of $250,415.
The average cost of rent is $743/mo in 48811, primarily driven by the current value of real estate in the 48811 area. In 48811, 17.56% of households rent, and 45.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48811 is $6,943 per month. Households that rent pay about 10.71% of their income on rent here. 48811’s most expensive areas are in the southwestern 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
- 48845, MI: equally priced homes
- 48818, MI: equally priced homes
- 48856, MI: less expensive homes
- 48889, MI: less expensive homes
- 48871, MI: higher priced homes
- 48834, MI: equally priced homes
- 48853, MI: equally priced homes
- 48884, MI: equally priced homes
- 48860, MI: equally priced homes
- 48835, MI: higher priced homes
Zip Codes with Similar Populations
- 46392, IN: higher priced homes
- 17102, PA: equally priced homes
- 17554, PA: higher priced homes
- 18644, PA: higher priced homes
- 20180, VA: higher priced homes
- 23936, VA: higher priced homes
- 23970, VA: equally priced homes
- 26155, WV: less expensive homes
- 28080, NC: higher priced homes
- 28465, NC: higher priced homes
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