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These days, finding an affordable place to live in the 48834 area can be challenging. Home prices in 48834 are now at a median cost of $124,499, lower than the Michigan average of $196,062.
The average cost of rent is $760/mo in 48834, primarily driven by the current value of real estate in the 48834 area. While nearly 49.46% of residents own their homes outright in 48834, 16.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48834 is $4,755 per month. Households that rent pay about 15.97% of their income on rent here. 48834's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48865, MI: less expensive homes
- 48884, MI: equally priced homes
- 48811, MI: higher priced homes
- 48885, MI: higher priced homes
- 48860, MI: higher priced homes
- 48845, MI: equally priced homes
- 48809, MI: higher priced homes
- 48818, MI: higher priced homes
- 48838, MI: higher priced homes
- 48856, MI: equally priced homes
Zip Codes with Similar Populations
- 28480, NC: higher priced homes
- 67546, KS: higher priced homes
- 65679, MO: higher priced homes
- 72067, AR: higher priced homes
- 92662, CA: higher priced homes
- 95310, CA: higher priced homes
- 38553, TN: equally priced homes
- 37614, TN: higher priced homes
- 30450, GA: less expensive homes
- 29474, SC: less expensive homes
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