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These days, finding an affordable place to live in the 48886 area can be challenging. Home prices in 48886 are now at a median cost of $115,600, lower than the Michigan average of $196,062.
The average cost of rent is $825/mo in 48886, primarily driven by the current value of real estate in the 48886 area. While nearly 46.90% of residents own their homes outright in 48886, 9.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48886 is $5,000 per month. Households that rent pay about 16.49% of their income on rent here. 48886's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48850, MI: equally priced homes
- 48829, MI: equally priced homes
- 48852, MI: less expensive homes
- 49310, MI: higher priced homes
- 48888, MI: equally priced homes
- 49322, MI: higher priced homes
- 49347, MI: equally priced homes
- 48891, MI: equally priced homes
- 48896, MI: equally priced homes
- 49336, MI: equally priced homes
Zip Codes with Similar Populations
- 98588, WA: higher priced homes
- 80512, CO: higher priced homes
- 80536, CO: higher priced homes
- 81527, CO: higher priced homes
- 83323, ID: higher priced homes
- 38948, MS: less expensive homes
- 86022, AZ: higher priced homes
- 37315, TN: higher priced homes
- 87567, NM: higher priced homes
- 35610, AL: higher priced homes
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