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These days, finding an affordable place to live in the 48832 area can be challenging. Home prices in 48832 are now at a median cost of $104,936, lower than the Michigan average of $196,062.
The average cost of rent is $621/mo in 48832, primarily driven by the current value of real estate in the 48832 area. While nearly 50.67% of residents own their homes outright in 48832, 8.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48832 is $4,696 per month. Households that rent pay about 13.23% of their income on rent here. 48832's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48877, MI: equally priced homes
- 48801, MI: equally priced homes
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- 48880, MI: equally priced homes
- 48896, MI: higher priced homes
- 48883, MI: higher priced homes
- 48829, MI: equally priced homes
- 48858, MI: higher priced homes
- 48852, MI: equally priced homes
- 48615, MI: equally priced homes
Zip Codes with Similar Populations
- 50006, IA: equally priced homes
- 68371, NE: higher priced homes
- 66968, KS: less expensive homes
- 54209, WI: higher priced homes
- 52563, IA: higher priced homes
- 52157, IA: higher priced homes
- 52073, IA: higher priced homes
- 51347, IA: higher priced homes
- 01330, MA: higher priced homes
- 50468, IA: equally priced homes
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