48843 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 48843 is about $1,314 per month. This puts it in the 94th percentile compared to the state average cost of rent, which is $1,036. Households in 48843 have a median income of $7,150 per month so the average renter in 48843 is spending roughly 18% of their earnings on housing.
Nationally, and in 48843, home values are the data point most closely correlated with the cost of rent. The median price of a home in 48843 is $250,107 right now, which is lower than nearby zip codes, meaning that rents in 48843 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the northeastern parts of 48843 while lower rent rates are often available in western areas.
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