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These days, finding an affordable place to live in the 48815 area can be challenging. Home prices in 48815 are now at a median cost of $209,970, higher than the Michigan average of $196,062.
The average cost of rent is $596/mo in 48815, primarily driven by the current value of real estate in the 48815 area. While nearly 37.91% of residents own their homes outright in 48815, 9.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48815 is $5,971 per month. Households that rent pay about 9.97% of their income on rent here. 48815's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48881, MI: less expensive homes
- 49325, MI: less expensive homes
- 48849, MI: less expensive homes
- 49331, MI: higher priced homes
- 49302, MI: higher priced homes
- 48897, MI: less expensive homes
- 48846, MI: less expensive homes
- 49333, MI: equally priced homes
- 48890, MI: less expensive homes
- 49301, MI: higher priced homes
Zip Codes with Similar Populations
- 20751, MD: higher priced homes
- 43148, OH: equally priced homes
- 83245, ID: higher priced homes
- 36908, AL: less expensive homes
- 29809, SC: less expensive homes
- 28618, NC: higher priced homes
- 21625, MD: higher priced homes
- 18053, PA: higher priced homes
- 16052, PA: less expensive homes
- 15148, PA: less expensive homes
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