The Most Affordable Neighborhoods in 48026, MI by Home Value

 

48026, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 48026 area can be challenging. Home prices in 48026 are now at a median cost of $171,357, lower than the Michigan average of $196,062.

The average cost of rent is $864/mo in 48026, primarily driven by the current value of real estate in the 48026 area. While nearly 32.39% of residents own their homes outright in 48026, 25.05% rent.

Housing affordability isn’t just about home prices, though. The average household income in 48026 is $5,681 per month. Households that rent pay about 15.21% of their income on rent here. 48026's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the zip.


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