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These days, finding an affordable place to live in the 49048 area can be challenging. Home prices in 49048 are now at a median cost of $123,790, lower than the Michigan average of $196,062.
The average cost of rent is $843/mo in 49048, primarily driven by the current value of real estate in the 49048 area. While nearly 44.84% of residents own their homes outright in 49048, 33.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49048 is $4,375 per month. Households that rent pay about 19.27% of their income on rent here. 49048's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 49074, MI: less expensive homes
- 49001, MI: equally priced homes
- 49007, MI: equally priced homes
- 49004, MI: higher priced homes
- 49008, MI: higher priced homes
- 49053, MI: higher priced homes
- 49006, MI: higher priced homes
- 49083, MI: higher priced homes
- 49002, MI: higher priced homes
- 49024, MI: higher priced homes
Zip Codes with Similar Populations
- 02745, MA: higher priced homes
- 33860, FL: higher priced homes
- 30327, GA: higher priced homes
- 27577, NC: higher priced homes
- 27565, NC: higher priced homes
- 21040, MD: higher priced homes
- 20879, MD: higher priced homes
- 15210, PA: less expensive homes
- 15090, PA: higher priced homes
- 11552, NY: higher priced homes
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