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These days, finding an affordable place to live in the 48035 area can be challenging. Home prices in 48035 are now at a median cost of $191,925, lower than the Michigan average of $250,415.
The average cost of rent is $1,115/mo in 48035, primarily driven by the current value of real estate in the 48035 area. In 48035, 33.02% of households rent, and 38.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48035 is $6,287 per month. Households that rent pay about 17.73% of their income on rent here. 48035’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 48036, MI: equally priced homes
- 48082, MI: higher priced homes
- 48026, MI: higher priced homes
- 48043, MI: equally priced homes
- 48038, MI: higher priced homes
- 48066, MI: less expensive homes
- 48045, MI: higher priced homes
- 48081, MI: higher priced homes
- 48088, MI: higher priced homes
- 48312, MI: higher priced homes
Zip Codes with Similar Populations
- 91941, CA: higher priced homes
- 17522, PA: higher priced homes
- 18015, PA: higher priced homes
- 19002, PA: higher priced homes
- 19013, PA: less expensive homes
- 19132, PA: less expensive homes
- 21225, MD: higher priced homes
- 22207, VA: higher priced homes
- 22405, VA: higher priced homes
- 28056, NC: higher priced homes
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