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These days, finding an affordable place to live in the 48915 area can be challenging. Home prices in 48915 are now at a median cost of $93,877, lower than the Michigan average of $196,062.
The average cost of rent is $960/mo in 48915, primarily driven by the current value of real estate in the 48915 area. While nearly 39.32% of residents own their homes outright in 48915, 36.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48915 is $4,531 per month. Households that rent pay about 21.20% of their income on rent here. 48915's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48933, MI: higher priced homes
- 48906, MI: higher priced homes
- 48912, MI: higher priced homes
- 48910, MI: equally priced homes
- 48917, MI: higher priced homes
- 48911, MI: higher priced homes
- 48825, MI: higher priced homes
- 48823, MI: higher priced homes
- 48824, MI: higher priced homes
- 48820, MI: higher priced homes
Zip Codes with Similar Populations
- 07624, NJ: higher priced homes
- 07762, NJ: higher priced homes
- 07764, NJ: higher priced homes
- 11557, NY: higher priced homes
- 43203, OH: higher priced homes
- 49646, MI: higher priced homes
- 49419, MI: higher priced homes
- 49329, MI: higher priced homes
- 48429, MI: higher priced homes
- 48357, MI: higher priced homes
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