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These days, finding an affordable place to live in the 48821 area can be challenging. Home prices in 48821 are now at a median cost of $250,248, lower than the Michigan average of $250,415.
The average cost of rent is $1,062/mo in 48821, primarily driven by the current value of real estate in the 48821 area. In 48821, 5.49% of households rent, and 35.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48821 is $8,404 per month. Households that rent pay about 12.64% of their income on rent here. 48821’s most expensive areas are in the eastern 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
- 48911, MI: less expensive homes
- 48876, MI: less expensive homes
- 48842, MI: equally priced homes
- 48910, MI: less expensive homes
- 48917, MI: less expensive homes
- 48933, MI: less expensive homes
- 48915, MI: less expensive homes
- 48837, MI: equally priced homes
- 48912, MI: less expensive homes
- 48827, MI: less expensive homes
Zip Codes with Similar Populations
- 21903, MD: higher priced homes
- 72774, AR: less expensive homes
- 72432, AR: less expensive homes
- 27013, NC: equally priced homes
- 26757, WV: less expensive homes
- 25213, WV: equally priced homes
- 24651, VA: less expensive homes
- 24054, VA: less expensive homes
- 22851, VA: less expensive homes
- 73448, OK: less expensive homes
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