Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 48856 area can be challenging. Home prices in 48856 are now at a median cost of $173,875, lower than the Michigan average of $250,415.
The average cost of rent is $824/mo in 48856, primarily driven by the current value of real estate in the 48856 area. In 48856, 25.00% of households rent, and 46.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48856 is $5,727 per month. Households that rent pay about 14.38% of their income on rent here. 48856’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48871, MI: higher priced homes
- 48853, MI: equally priced homes
- 48874, MI: higher priced homes
- 48811, MI: higher priced homes
- 48889, MI: equally priced homes
- 48847, MI: equally priced homes
- 48845, MI: equally priced homes
- 48862, MI: equally priced homes
- 48818, MI: equally priced homes
- 48806, MI: equally priced homes
Zip Codes with Similar Populations
- 85334, AZ: less expensive homes
- 23839, VA: higher priced homes
- 25208, WV: less expensive homes
- 25981, WV: less expensive homes
- 36738, AL: less expensive homes
- 36751, AL: less expensive homes
- 38044, TN: higher priced homes
- 81525, CO: higher priced homes
- 83549, ID: higher priced homes
- 84649, UT: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood