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These days, finding an affordable place to live in the 48039 area can be challenging. Home prices in 48039 are now at a median cost of $185,618, lower than the Michigan average of $196,062.
The average cost of rent is $839/mo in 48039, primarily driven by the current value of real estate in the 48039 area. While nearly 44.23% of residents own their homes outright in 48039, 13.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48039 is $5,200 per month. Households that rent pay about 16.14% of their income on rent here. 48039's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48054, MI: higher priced homes
- 48001, MI: higher priced homes
- 48023, MI: higher priced homes
- 48064, MI: higher priced homes
- 48079, MI: higher priced homes
- 48063, MI: higher priced homes
- 48047, MI: higher priced homes
- 48048, MI: less expensive homes
- 48062, MI: higher priced homes
- 48050, MI: higher priced homes
Zip Codes with Similar Populations
- 30184, GA: higher priced homes
- 63016, MO: equally priced homes
- 62274, IL: less expensive homes
- 43011, OH: higher priced homes
- 35953, AL: less expensive homes
- 34229, FL: higher priced homes
- 32347, FL: less expensive homes
- 32112, FL: less expensive homes
- 32040, FL: less expensive homes
- 31302, GA: less expensive homes
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