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These days, finding an affordable place to live in the 48014 area can be challenging. Home prices in 48014 are now at a median cost of $202,401, lower than the Michigan average of $250,415.
The average cost of rent is $940/mo in 48014, primarily driven by the current value of real estate in the 48014 area. In 48014, 12.75% of households rent, and 44.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48014 is $5,633 per month. Households that rent pay about 16.69% of their income on rent here. 48014’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 48022, MI: higher priced homes
- 48002, MI: higher priced homes
- 48444, MI: higher priced homes
- 48003, MI: higher priced homes
- 48097, MI: equally priced homes
- 48041, MI: higher priced homes
- 48428, MI: higher priced homes
- 48006, MI: higher priced homes
- 48412, MI: higher priced homes
- 48454, MI: equally priced homes
Zip Codes with Similar Populations
- 29429, SC: higher priced homes
- 95004, CA: higher priced homes
- 53934, WI: less expensive homes
- 38828, MS: less expensive homes
- 07863, NJ: higher priced homes
- 61752, IL: equally priced homes
- 16239, PA: less expensive homes
- 47246, IN: equally priced homes
- 30139, GA: higher priced homes
- 95328, CA: higher priced homes
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