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These days, finding an affordable place to live in the 48880 area can be challenging. Home prices in 48880 are now at a median cost of $143,491, lower than the Michigan average of $250,415.
The average cost of rent is $850/mo in 48880, primarily driven by the current value of real estate in the 48880 area. In 48880, 20.34% of households rent, and 47.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48880 is $5,065 per month. Households that rent pay about 16.79% of their income on rent here. 48880’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 48801, MI: equally priced homes
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- 48891, MI: equally priced homes
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Zip Codes with Similar Populations
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