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These days, finding an affordable place to live in the 48884 area can be challenging. Home prices in 48884 are now at a median cost of $190,167, lower than the Michigan average of $250,415.
The average cost of rent is $932/mo in 48884, primarily driven by the current value of real estate in the 48884 area. In 48884, 9.88% of households rent, and 47.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48884 is $5,172 per month. Households that rent pay about 18.02% of their income on rent here. 48884’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 48885, MI: equally priced homes
- 48834, MI: equally priced homes
- 48888, MI: less expensive homes
- 48818, MI: equally priced homes
- 48852, MI: less expensive homes
- 48811, MI: equally priced homes
- 48838, MI: higher priced homes
- 49326, MI: higher priced homes
- 48889, MI: less expensive homes
- 49347, MI: less expensive homes
Zip Codes with Similar Populations
- 65079, MO: higher priced homes
- 56013, MN: less expensive homes
- 57580, SD: less expensive homes
- 59917, MT: higher priced homes
- 60456, IL: equally priced homes
- 60552, IL: higher priced homes
- 61745, IL: higher priced homes
- 62411, IL: less expensive homes
- 62902, IL: higher priced homes
- 63019, MO: equally priced homes
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