Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 48861 area can be challenging. Home prices in 48861 are now at a median cost of $208,025, lower than the Michigan average of $250,415.
The average cost of rent is $1,098/mo in 48861, primarily driven by the current value of real estate in the 48861 area. In 48861, 8.92% of households rent, and 47.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48861 is $7,917 per month. Households that rent pay about 13.87% of their income on rent here. 48861’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 48890, MI: equally priced homes
- 48875, MI: equally priced homes
- 48837, MI: higher priced homes
- 49096, MI: equally priced homes
- 48822, MI: higher priced homes
- 48897, MI: higher priced homes
- 48876, MI: less expensive homes
- 48849, MI: higher priced homes
- 48917, MI: equally priced homes
- 48821, MI: higher priced homes
Zip Codes with Similar Populations
- 80731, CO: higher priced homes
- 28442, NC: less expensive homes
- 28783, NC: higher priced homes
- 29916, SC: less expensive homes
- 32610, FL: higher priced homes
- 42170, KY: higher priced homes
- 47862, IN: less expensive homes
- 48635, MI: less expensive homes
- 76853, TX: higher priced homes
- 76878, TX: less expensive 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