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These days, finding an affordable place to live in the 48841 area can be challenging. Home prices in 48841 are now at a median cost of $149,531, lower than the Michigan average of $196,062.
The average cost of rent is $929/mo in 48841, primarily driven by the current value of real estate in the 48841 area. While nearly 43.68% of residents own their homes outright in 48841, 12.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48841 is $5,061 per month. Households that rent pay about 18.36% of their income on rent here. 48841's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48649, MI: less expensive homes
- 48831, MI: less expensive homes
- 48616, MI: less expensive homes
- 48807, MI: less expensive homes
- 48614, MI: less expensive homes
- 48866, MI: equally priced homes
- 48460, MI: higher priced homes
- 48655, MI: less expensive homes
- 48806, MI: less expensive homes
- 48457, MI: less expensive homes
Zip Codes with Similar Populations
- 80515, CO: higher priced homes
- 25270, WV: less expensive homes
- 25511, WV: less expensive homes
- 25529, WV: less expensive homes
- 26425, WV: less expensive homes
- 26662, WV: less expensive homes
- 36761, AL: less expensive homes
- 38224, TN: equally priced homes
- 38452, TN: less expensive homes
- 55757, MN: higher priced homes
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