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These days, finding an affordable place to live in the 48889 area can be challenging. Home prices in 48889 are now at a median cost of $115,166, lower than the Michigan average of $196,062.
The average cost of rent is $1,657/mo in 48889, primarily driven by the current value of real estate in the 48889 area. While nearly 50.23% of residents own their homes outright in 48889, 15.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48889 is $4,373 per month. Households that rent pay about 37.89% of their income on rent here. 48889's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48818, MI: higher priced homes
- 48877, MI: equally priced homes
- 48856, MI: equally priced homes
- 48811, MI: higher priced homes
- 48801, MI: less expensive homes
- 48847, MI: equally priced homes
- 48871, MI: higher priced homes
- 48874, MI: higher priced homes
- 48852, MI: less expensive homes
- 48862, MI: higher priced homes
Zip Codes with Similar Populations
- 75102, TX: higher priced homes
- 52659, IA: equally priced homes
- 54759, WI: higher priced homes
- 56670, MN: less expensive homes
- 01039, MA: higher priced homes
- 63332, MO: higher priced homes
- 63437, MO: less expensive homes
- 69348, NE: higher priced homes
- 71424, LA: higher priced homes
- 71462, LA: less expensive homes
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