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These days, finding an affordable place to live in the 48829 area can be challenging. Home prices in 48829 are now at a median cost of $106,513, lower than the Michigan average of $196,062.
The average cost of rent is $715/mo in 48829, primarily driven by the current value of real estate in the 48829 area. While nearly 38.59% of residents own their homes outright in 48829, 22.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48829 is $4,024 per month. Households that rent pay about 17.78% of their income on rent here. 48829's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48852, MI: equally priced homes
- 48891, MI: higher priced homes
- 48886, MI: equally priced homes
- 49310, MI: higher priced homes
- 48888, MI: higher priced homes
- 48877, MI: equally priced homes
- 48896, MI: higher priced homes
- 48850, MI: higher priced homes
- 48832, MI: equally priced homes
- 49347, MI: higher priced homes
Zip Codes with Similar Populations
- 04357, ME: higher priced homes
- 38230, TN: less expensive homes
- 50525, IA: equally priced homes
- 14738, NY: equally priced homes
- 35083, AL: higher priced homes
- 14719, NY: less expensive homes
- 54013, WI: higher priced homes
- 97053, OR: higher priced homes
- 14710, NY: higher priced homes
- 05656, VT: higher priced homes
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