Affordable
Expensive
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These days, finding an affordable place to live in the 48837 area can be challenging. Home prices in 48837 are now at a median cost of $197,183, higher than the Michigan average of $196,062.
The average cost of rent is $1,018/mo in 48837, primarily driven by the current value of real estate in the 48837 area. While nearly 35.06% of residents own their homes outright in 48837, 20.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48837 is $6,773 per month. Households that rent pay about 15.03% of their income on rent here. 48837's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48917, MI: less expensive homes
- 48822, MI: equally priced homes
- 48876, MI: less expensive homes
- 48915, MI: less expensive homes
- 48821, MI: equally priced homes
- 48861, MI: less expensive homes
- 48906, MI: less expensive homes
- 48933, MI: less expensive homes
- 48911, MI: less expensive homes
- 48910, MI: less expensive homes
Zip Codes with Similar Populations
- 02129, MA: higher priced homes
- 98506, WA: higher priced homes
- 95959, CA: higher priced homes
- 85748, AZ: higher priced homes
- 85373, AZ: less expensive homes
- 77069, TX: higher priced homes
- 77037, TX: less expensive homes
- 75965, TX: equally priced homes
- 70563, LA: equally priced homes
- 33912, FL: higher priced homes
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