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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 $182,896, lower than the Michigan average of $250,415.
The average cost of rent is $1,113/mo in 49048, primarily driven by the current value of real estate in the 49048 area. In 49048, 35.47% of households rent, and 43.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49048 is $5,835 per month. Households that rent pay about 19.08% of their income on rent here. 49048’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 49074, MI: less expensive homes
- 49001, MI: less expensive 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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