Zip lookup · MI

48827
Eaton Rapids, Michigan.

Eaton Rapids, Eaton County, MI · Lansing-East Lansing, MI metro · population 15,831

What it costs per month · 48827 $1,328/mo

to buy the typical home at today's mortgage rate — +$692 (+109%) since Jan 2020.

What the home itself did
1 year
Up $9,174 +4%
$243,760$252,934 since Sep 2025
5 years
Up $50,191 +25%
$202,743$252,934 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 48827 $1,328 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 48827$1,328
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 48827 rose 3.8% over the past year — faster than the nation's +1.2%.

This zip spans 3 counties: Eaton County, MI 82% · Ingham County, MI 16% · Jackson County, MI 2%

Zillow also publishes an index for the city itself: Eaton Rapids, MI — measured over the city limits, which is a different area from this zip.

Typical home value $252,934 as of Sep 2026
+3.8%year on year

Typical home value — 48827

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 48827 $252,934 Lansing $246,267 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 48827$252,934
  • Lansing$246,267
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
7.2 49264 Onondaga 1,454 — $258,643
8.7 49284 Springport 2,493 — $206,650
9.0 48821 Dimondale 6,327 — $304,530
10.3 48876 Potterville 4,360 — $228,258
10.6 48813 Charlotte 20,564 $1,250 $239,975
10.6 48842 Holt 21,945 $1,692 $264,554
11.7 48854 Mason 19,529 $1,611 $277,618
12.2 48911 Lansing 39,876 $1,158 $171,433
12.8 49076 Olivet 4,294 — $234,875
12.9 49277 Rives Junction 2,924 — $261,481
13.1 49251 Leslie 5,958 — $237,799
14.7 48910 Lansing 32,800 $1,188 $142,035
15.0 48917 Lansing 32,483 $1,374 $259,856
15.4 49269 Parma 5,544 — $258,037
16.1 48933 Lansing 3,107 $993 $169,281
16.5 49224 Albion 13,447 — $151,510
16.5 48915 Lansing 9,428 $1,236 $126,721
17.2 48837 Grand Ledge 19,947 $1,356 $299,792
17.3 48912 Lansing 17,674 $1,223 $137,194
17.7 49272 Pleasant Lake 2,883 — $281,561
18.5 48864 Okemos 23,901 $1,451 $383,896
19.3 48819 Dansville 2,550 — $282,835
19.4 48906 Lansing 25,901 $1,293 $166,123

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.