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These days, finding an affordable place to live in the 48032 area can be challenging. Home prices in 48032 are now at a median cost of $196,177, higher than the Michigan average of $196,062.
The average cost of rent is $904/mo in 48032, primarily driven by the current value of real estate in the 48032 area. While nearly 42.37% of residents own their homes outright in 48032, 9.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48032 is $6,052 per month. Households that rent pay about 14.94% of their income on rent here. 48032's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48006, MI: equally priced homes
- 48059, MI: less expensive homes
- 48049, MI: equally priced homes
- 48450, MI: less expensive homes
- 48422, MI: less expensive homes
- 48097, MI: less expensive homes
- 48454, MI: less expensive homes
- 48022, MI: equally priced homes
- 48466, MI: less expensive homes
- 48014, MI: less expensive homes
Zip Codes with Similar Populations
- 79520, TX: less expensive homes
- 51455, IA: less expensive homes
- 51576, IA: higher priced homes
- 53065, WI: equally priced homes
- 53516, WI: equally priced homes
- 53585, WI: less expensive homes
- 60953, IL: less expensive homes
- 67877, KS: less expensive homes
- 70661, LA: less expensive homes
- 71378, LA: less expensive homes
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