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These days, finding an affordable place to live in the 48893 area can be challenging. Home prices in 48893 are now at a median cost of $137,894, lower than the Michigan average of $196,062.
The average cost of rent is $782/mo in 48893, primarily driven by the current value of real estate in the 48893 area. While nearly 46.68% of residents own their homes outright in 48893, 9.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48893 is $5,176 per month. Households that rent pay about 15.11% of their income on rent here. 48893's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49340, MI: equally priced homes
- 49305, MI: less expensive homes
- 48896, MI: less expensive homes
- 48878, MI: less expensive homes
- 49310, MI: equally priced homes
- 48858, MI: higher priced homes
- 49332, MI: less expensive homes
- 49320, MI: equally priced homes
- 49342, MI: equally priced homes
- 48883, MI: equally priced homes
Zip Codes with Similar Populations
- 21104, MD: higher priced homes
- 86325, AZ: higher priced homes
- 86025, AZ: less expensive homes
- 81067, CO: less expensive homes
- 22580, VA: higher priced homes
- 21826, MD: higher priced homes
- 21773, MD: higher priced homes
- 21746, MD: higher priced homes
- 21722, MD: higher priced homes
- 21161, MD: higher priced homes
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