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These days, finding an affordable place to live in the 48033 area can be challenging. Home prices in 48033 are now at a median cost of $203,296, lower than the Michigan average of $250,415.
The average cost of rent is $1,296/mo in 48033, primarily driven by the current value of real estate in the 48033 area. In 48033, 48.98% of households rent, and 37.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48033 is $5,529 per month. Households that rent pay about 23.44% of their income on rent here. 48033’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern 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
- 48034, MI: higher priced homes
- 48240, MI: less expensive homes
- 48075, MI: equally priced homes
- 48336, MI: higher priced homes
- 48219, MI: less expensive homes
- 48076, MI: higher priced homes
- 48025, MI: higher priced homes
- 48334, MI: higher priced homes
- 48152, MI: higher priced homes
- 48237, MI: equally priced homes
Zip Codes with Similar Populations
- 97038, OR: higher priced homes
- 02351, MA: higher priced homes
- 24210, VA: equally priced homes
- 24014, VA: higher priced homes
- 07081, NJ: higher priced homes
- 11738, NY: higher priced homes
- 11798, NY: higher priced homes
- 18040, PA: higher priced homes
- 21085, MD: higher priced homes
- 48302, MI: higher priced homes
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