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These days, finding an affordable place to live in the 48888 area can be challenging. Home prices in 48888 are now at a median cost of $123,233, lower than the Michigan average of $196,062.
The average cost of rent is $749/mo in 48888, primarily driven by the current value of real estate in the 48888 area. While nearly 49.70% of residents own their homes outright in 48888, 17.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48888 is $4,204 per month. Households that rent pay about 17.83% of their income on rent here. 48888's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48885, MI: higher priced homes
- 48852, MI: less expensive homes
- 48884, MI: equally priced homes
- 48829, MI: less expensive homes
- 48886, MI: equally priced homes
- 48818, MI: higher priced homes
- 49347, MI: equally priced homes
- 48891, MI: equally priced homes
- 48850, MI: equally priced homes
- 49326, MI: higher priced homes
Zip Codes with Similar Populations
- 79363, TX: higher priced homes
- 16933, PA: higher priced homes
- 17007, PA: higher priced homes
- 17569, PA: higher priced homes
- 18641, PA: higher priced homes
- 18947, PA: higher priced homes
- 22572, VA: higher priced homes
- 23868, VA: less expensive homes
- 24065, VA: higher priced homes
- 24609, VA: higher priced homes
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