Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 48054 area can be challenging. Home prices in 48054 are now at a median cost of $299,464, higher than the Michigan average of $250,415.
The average cost of rent is $945/mo in 48054, primarily driven by the current value of real estate in the 48054 area. In 48054, 13.95% of households rent, and 45.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48054 is $6,513 per month. Households that rent pay about 14.52% of their income on rent here. 48054’s most expensive areas are in the eastern 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
- 48039, MI: less expensive homes
- 48079, MI: equally priced homes
- 48064, MI: less expensive homes
- 48063, MI: higher priced homes
- 48023, MI: less expensive homes
- 48001, MI: less expensive homes
- 48062, MI: equally priced homes
- 48048, MI: less expensive homes
- 48050, MI: higher priced homes
- 48047, MI: equally priced homes
Zip Codes with Similar Populations
- 01982, MA: higher priced homes
- 03264, NH: equally priced homes
- 86440, AZ: less expensive homes
- 16150, PA: less expensive homes
- 06035, CT: higher priced homes
- 06471, CT: higher priced homes
- 92823, CA: higher priced homes
- 11363, NY: higher priced homes
- 62260, IL: equally priced homes
- 51041, IA: equally priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood