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These days, finding an affordable place to live in the 48036 area can be challenging. Home prices in 48036 are now at a median cost of $185,820, lower than the Michigan average of $250,415.
The average cost of rent is $1,162/mo in 48036, primarily driven by the current value of real estate in the 48036 area. In 48036, 29.48% of households rent, and 49.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48036 is $6,177 per month. Households that rent pay about 18.82% of their income on rent here. 48036’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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
- 48043, MI: equally priced homes
- 48035, MI: equally priced homes
- 48038, MI: higher priced homes
- 48045, MI: higher priced homes
- 48082, MI: higher priced homes
- 48026, MI: higher priced homes
- 48044, MI: higher priced homes
- 48313, MI: higher priced homes
- 48312, MI: higher priced homes
- 48066, MI: less expensive homes
Zip Codes with Similar Populations
- 80124, CO: higher priced homes
- 37865, TN: higher priced homes
- 37932, TN: higher priced homes
- 39206, MS: less expensive homes
- 39301, MS: less expensive homes
- 39501, MS: less expensive homes
- 76105, TX: less expensive homes
- 76111, TX: higher priced homes
- 79905, TX: less expensive homes
- 02809, RI: higher priced homes
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