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These days, finding an affordable place to live in the 48825 area can be challenging. Home prices in 48825 are now at a median cost of $153,200, lower than the Michigan average of $196,062.
The average cost of rent is $949/mo in 48825, primarily driven by the current value of real estate in the 48825 area. While nearly 35.11% of residents own their homes outright in 48825, 41.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48825 is $4,852 per month. Households that rent pay about 19.56% of their income on rent here. 48825's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48824, MI: equally priced homes
- 48823, MI: higher priced homes
- 48912, MI: less expensive homes
- 48933, MI: equally priced homes
- 48910, MI: less expensive homes
- 48864, MI: higher priced homes
- 48915, MI: less expensive homes
- 48906, MI: less expensive homes
- 48840, MI: higher priced homes
- 48911, MI: less expensive homes
Zip Codes with Similar Populations
- 99835, AK: higher priced homes
- 77625, TX: less expensive homes
- 83619, ID: higher priced homes
- 90056, CA: higher priced homes
- 27569, NC: equally priced homes
- 08225, NJ: higher priced homes
- 08102, NJ: less expensive homes
- 97009, OR: higher priced homes
- 07874, NJ: higher priced homes
- 98403, WA: higher priced homes
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