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These days, finding an affordable place to live in the 48017 area can be challenging. Home prices in 48017 are now at a median cost of $209,974, higher than the Michigan average of $196,062.
The average cost of rent is $1,047/mo in 48017, primarily driven by the current value of real estate in the 48017 area. While nearly 33.62% of residents own their homes outright in 48017, 23.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48017 is $6,534 per month. Households that rent pay about 16.02% of their income on rent here. 48017's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48073, MI: higher priced homes
- 48084, MI: higher priced homes
- 48083, MI: higher priced homes
- 48072, MI: higher priced homes
- 48067, MI: higher priced homes
- 48009, MI: higher priced homes
- 48071, MI: less expensive homes
- 48070, MI: higher priced homes
- 48098, MI: higher priced homes
- 48069, MI: higher priced homes
Zip Codes with Similar Populations
- 18080, PA: equally priced homes
- 77954, TX: less expensive homes
- 88063, NM: less expensive homes
- 90212, CA: higher priced homes
- 93442, CA: higher priced homes
- 94708, CA: higher priced homes
- 94965, CA: higher priced homes
- 95953, CA: higher priced homes
- 97351, OR: higher priced homes
- 31757, GA: less expensive homes
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