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These days, finding an affordable place to live in the 49848 area can be challenging. Home prices in 49848 are now at a median cost of $119,400, lower than the Michigan average of $196,062.
The average cost of rent is $735/mo in 49848, primarily driven by the current value of real estate in the 49848 area. While nearly 52.84% of residents own their homes outright in 49848, 12.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49848 is $3,589 per month. Households that rent pay about 20.48% of their income on rent here. 49848's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 49887, MI: equally priced homes
- 49893, MI: higher priced homes
- 49821, MI: equally priced homes
- 54177, WI: higher priced homes
- 54102, WI: higher priced homes
- 54114, WI: higher priced homes
- 54104, WI: equally priced homes
- 54210, WI: higher priced homes
- 54246, WI: higher priced homes
- 54138, WI: higher priced homes
Zip Codes with Similar Populations
- 76268, TX: less expensive homes
- 47344, IN: higher priced homes
- 47361, IN: higher priced homes
- 47367, IN: less expensive homes
- 47683, IN: equally priced homes
- 47924, IN: equally priced homes
- 47982, IN: higher priced homes
- 57475, SD: less expensive homes
- 58478, ND: less expensive homes
- 70782, LA: higher priced homes
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