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Expensive
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These days, finding an affordable place to live in the 48822 area can be challenging. Home prices in 48822 are now at a median cost of $203,162, higher than the Michigan average of $196,062.
The average cost of rent is $850/mo in 48822, primarily driven by the current value of real estate in the 48822 area. While nearly 35.84% of residents own their homes outright in 48822, 3.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48822 is $8,657 per month. Households that rent pay about 9.82% of their income on rent here. 48822's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48837, MI: equally priced homes
- 48894, MI: equally priced homes
- 48875, MI: less expensive homes
- 48917, MI: less expensive homes
- 48820, MI: higher priced homes
- 48861, MI: less expensive homes
- 48906, MI: less expensive homes
- 48915, MI: less expensive homes
- 48890, MI: less expensive homes
- 48933, MI: less expensive homes
Zip Codes with Similar Populations
- 12072, NY: less expensive homes
- 15774, PA: less expensive homes
- 05068, VT: equally priced homes
- 96716, HI: higher priced homes
- 80644, CO: higher priced homes
- 79504, TX: less expensive homes
- 75568, TX: less expensive homes
- 73449, OK: less expensive homes
- 72662, AR: less expensive homes
- 65452, MO: less expensive homes
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