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These days, finding an affordable place to live in the 48896 area can be challenging. Home prices in 48896 are now at a median cost of $122,700, lower than the Michigan average of $196,062.
The average cost of rent is $719/mo in 48896, primarily driven by the current value of real estate in the 48896 area. While nearly 47.47% of residents own their homes outright in 48896, 3.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48896 is $4,092 per month. Households that rent pay about 17.57% of their income on rent here. 48896's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 49310, MI: higher priced homes
- 48858, MI: higher priced homes
- 48891, MI: equally priced homes
- 48832, MI: less expensive homes
- 48829, MI: less expensive homes
- 48893, MI: higher priced homes
- 48883, MI: equally priced homes
- 49340, MI: higher priced homes
- 48886, MI: equally priced homes
- 48880, MI: less expensive homes
Zip Codes with Similar Populations
- 77368, TX: less expensive homes
- 57531, SD: less expensive homes
- 57563, SD: less expensive homes
- 57724, SD: equally priced homes
- 57758, SD: higher priced homes
- 57782, SD: less expensive homes
- 58062, ND: equally priced homes
- 58844, ND: higher priced homes
- 59339, MT: higher priced homes
- 59462, MT: higher priced homes
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