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These days, finding an affordable place to live in the 48865 area can be challenging. Home prices in 48865 are now at a median cost of $160,685, lower than the Michigan average of $250,415.
The average cost of rent is $840/mo in 48865, primarily driven by the current value of real estate in the 48865 area. In 48865, 21.56% of households rent, and 56.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48865 is $5,664 per month. Households that rent pay about 14.83% of their income on rent here. 48865’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 48834, MI: higher priced homes
- 48809, MI: higher priced homes
- 48846, MI: higher priced homes
- 48838, MI: higher priced homes
- 48860, MI: higher priced homes
- 48881, MI: higher priced homes
- 48851, MI: equally priced homes
- 48845, MI: higher priced homes
- 48811, MI: higher priced homes
- 48873, MI: higher priced homes
Zip Codes with Similar Populations
- 67480, KS: higher priced homes
- 33786, FL: higher priced homes
- 35463, AL: higher priced homes
- 36036, AL: equally priced homes
- 36113, AL: equally priced homes
- 37059, TN: higher priced homes
- 37361, TN: equally priced homes
- 39149, MS: less expensive homes
- 01236, MA: higher priced homes
- 42078, KY: less expensive homes
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