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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 $108,506, lower than the Michigan average of $196,062.
The average cost of rent is $761/mo in 48880, primarily driven by the current value of real estate in the 48880 area. While nearly 46.51% of residents own their homes outright in 48880, 18.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48880 is $4,440 per month. Households that rent pay about 17.13% of their income on rent here. 48880's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48801, MI: equally priced homes
- 48615, MI: equally priced homes
- 48832, MI: equally priced homes
- 48662, MI: equally priced homes
- 48883, MI: higher priced homes
- 48877, MI: equally priced homes
- 48637, MI: higher priced homes
- 48858, MI: higher priced homes
- 48891, MI: higher priced homes
- 48896, MI: higher priced homes
Zip Codes with Similar Populations
- 02563, MA: higher priced homes
- 03109, NH: higher priced homes
- 06071, CT: higher priced homes
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- 08201, NJ: higher priced homes
- 08244, NJ: higher priced homes
- 08628, NJ: higher priced homes
- 10709, NY: higher priced homes
- 11023, NY: higher priced homes
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