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These days, finding an affordable place to live in the 48838 area can be challenging. Home prices in 48838 are now at a median cost of $149,247, lower than the Michigan average of $196,062.
The average cost of rent is $895/mo in 48838, primarily driven by the current value of real estate in the 48838 area. While nearly 35.55% of residents own their homes outright in 48838, 23.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48838 is $4,772 per month. Households that rent pay about 18.76% of their income on rent here. 48838's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 49326, MI: higher priced homes
- 48809, MI: equally priced homes
- 48885, MI: equally priced homes
- 48865, MI: less expensive homes
- 48884, MI: less expensive homes
- 48834, MI: less expensive homes
- 49341, MI: higher priced homes
- 49319, MI: higher priced homes
- 49343, MI: higher priced homes
- 49306, MI: higher priced homes
Zip Codes with Similar Populations
- 06105, CT: higher priced homes
- 07079, NJ: higher priced homes
- 07735, NJ: higher priced homes
- 11411, NY: higher priced homes
- 13205, NY: less expensive homes
- 18603, PA: equally priced homes
- 79045, TX: less expensive homes
- 85715, AZ: higher priced homes
- 77568, TX: higher priced homes
- 77401, TX: higher priced homes
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