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These days, finding an affordable place to live in the 48028 area can be challenging. Home prices in 48028 are now at a median cost of $336,439, higher than the Michigan average of $196,062.
The average cost of rent is $893/mo in 48028, primarily driven by the current value of real estate in the 48028 area. While nearly 63.67% of residents own their homes outright in 48028, 0.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48028 is $6,541 per month. Households that rent pay about 13.65% of their income on rent here. 48028's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48001, MI: less expensive homes
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- 48035, MI: less expensive homes
- 48081, MI: less expensive homes
Zip Codes with Similar Populations
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- 27916, NC: less expensive homes
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