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These days, finding an affordable place to live in the 48849 area can be challenging. Home prices in 48849 are now at a median cost of $150,335, lower than the Michigan average of $196,062.
The average cost of rent is $787/mo in 48849, primarily driven by the current value of real estate in the 48849 area. While nearly 45.00% of residents own their homes outright in 48849, 15.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48849 is $5,911 per month. Households that rent pay about 13.32% of their income on rent here. 48849's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48897, MI: higher priced homes
- 48815, MI: higher priced homes
- 48890, MI: higher priced homes
- 49325, MI: higher priced homes
- 48861, MI: equally priced homes
- 48875, MI: equally priced homes
- 49058, MI: higher priced homes
- 49096, MI: equally priced homes
- 49302, MI: higher priced homes
- 49333, MI: higher priced homes
Zip Codes with Similar Populations
- 35466, AL: less expensive homes
- 84624, UT: higher priced homes
- 84339, UT: higher priced homes
- 84318, UT: higher priced homes
- 83869, ID: higher priced homes
- 83530, ID: higher priced homes
- 83336, ID: higher priced homes
- 80816, CO: higher priced homes
- 41016, KY: higher priced homes
- 37769, TN: higher priced homes
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