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These days, finding an affordable place to live in the 48875 area can be challenging. Home prices in 48875 are now at a median cost of $217,756, lower than the Michigan average of $250,415.
The average cost of rent is $1,082/mo in 48875, primarily driven by the current value of real estate in the 48875 area. In 48875, 22.36% of households rent, and 43.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48875 is $7,038 per month. Households that rent pay about 15.38% of their income on rent here. 48875’s most expensive areas are in the southern 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
- 48851, MI: less expensive homes
- 48894, MI: higher priced homes
- 48890, MI: equally priced homes
- 48822, MI: higher priced homes
- 48861, MI: equally priced homes
- 48873, MI: equally priced homes
- 48837, MI: higher priced homes
- 48846, MI: less expensive homes
- 48849, MI: equally priced homes
- 48897, MI: higher priced homes
Zip Codes with Similar Populations
- 16901, PA: equally priced homes
- 01450, MA: higher priced homes
- 91978, CA: higher priced homes
- 20181, VA: higher priced homes
- 19975, DE: higher priced homes
- 18840, PA: less expensive homes
- 18447, PA: less expensive homes
- 17702, PA: less expensive homes
- 15224, PA: higher priced homes
- 13357, NY: less expensive homes
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