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These days, finding an affordable place to live in the 48021 area can be challenging. Home prices in 48021 are now at a median cost of $139,639, lower than the Michigan average of $250,415.
The average cost of rent is $1,338/mo in 48021, primarily driven by the current value of real estate in the 48021 area. In 48021, 29.68% of households rent, and 39.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48021 is $5,667 per month. Households that rent pay about 23.62% of their income on rent here. 48021’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 48225, MI: equally priced homes
- 48080, MI: higher priced homes
- 48089, MI: less expensive homes
- 48066, MI: equally priced homes
- 48205, MI: less expensive homes
- 48081, MI: higher priced homes
- 48236, MI: higher priced homes
- 48224, MI: less expensive homes
- 48088, MI: higher priced homes
- 48015, MI: higher priced homes
Zip Codes with Similar Populations
- 85040, AZ: higher priced homes
- 92595, CA: higher priced homes
- 80027, CO: higher priced homes
- 47802, IN: higher priced homes
- 60046, IL: higher priced homes
- 71291, LA: higher priced homes
- 99508, AK: higher priced homes
- 91941, CA: higher priced homes
- 85023, AZ: higher priced homes
- 84601, UT: higher priced homes
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