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These days, finding an affordable place to live in the 48873 area can be challenging. Home prices in 48873 are now at a median cost of $207,228, lower than the Michigan average of $250,415.
The average cost of rent is $991/mo in 48873, primarily driven by the current value of real estate in the 48873 area. In 48873, 8.16% of households rent, and 40.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48873 is $8,470 per month. Households that rent pay about 11.70% of their income on rent here. 48873’s most expensive areas are in the southeastern 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
- 48860, MI: less expensive homes
- 48851, MI: less expensive homes
- 48894, MI: higher priced homes
- 48835, MI: equally priced homes
- 48845, MI: less expensive homes
- 48875, MI: equally priced homes
- 48846, MI: less expensive homes
- 48822, MI: higher priced homes
- 48879, MI: higher priced homes
- 48865, MI: less expensive homes
Zip Codes with Similar Populations
- 78379, TX: less expensive homes
- 36907, AL: less expensive homes
- 50130, IA: less expensive homes
- 59824, MT: higher priced homes
- 72824, AR: less expensive homes
- 73017, OK: less expensive homes
- 74637, OK: less expensive homes
- 76639, TX: less expensive homes
- 77873, TX: higher priced homes
- 03082, NH: higher priced homes
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