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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 $277,441, higher than the Michigan average of $250,415.
The average cost of rent is $1,232/mo in 48822, primarily driven by the current value of real estate in the 48822 area. In 48822, 4.76% of households rent, and 37.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48822 is $8,683 per month. Households that rent pay about 14.19% of their income on rent here. 48822’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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
- 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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