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These days, finding an affordable place to live in the 49248 area can be challenging. Home prices in 49248 are now at a median cost of $127,717, lower than the Michigan average of $196,062.
The average cost of rent is $907/mo in 49248, primarily driven by the current value of real estate in the 49248 area. While nearly 47.79% of residents own their homes outright in 49248, 13.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49248 is $5,482 per month. Households that rent pay about 16.54% of their income on rent here. 49248's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49289, MI: equally priced homes
- 49279, MI: equally priced homes
- 43533, OH: higher priced homes
- 43540, OH: higher priced homes
- 49268, MI: equally priced homes
- 49228, MI: higher priced homes
- 49256, MI: less expensive homes
- 43504, OH: higher priced homes
- 49235, MI: equally priced homes
- 49276, MI: higher priced homes
Zip Codes with Similar Populations
- 04929, ME: less expensive homes
- 05086, VT: higher priced homes
- 05847, VT: equally priced homes
- 08346, NJ: higher priced homes
- 11765, NY: higher priced homes
- 12150, NY: higher priced homes
- 12156, NY: higher priced homes
- 12765, NY: higher priced homes
- 12815, NY: higher priced homes
- 48885, MI: higher priced homes
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