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These days, finding an affordable place to live in the 48065 area can be challenging. Home prices in 48065 are now at a median cost of $355,531, higher than the Michigan average of $250,415.
The average cost of rent is $1,225/mo in 48065, primarily driven by the current value of real estate in the 48065 area. In 48065, 14.98% of households rent, and 38.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48065 is $9,075 per month. Households that rent pay about 13.50% of their income on rent here. 48065’s most expensive areas are in the southwestern 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
- 48095, MI: higher priced homes
- 48367, MI: higher priced homes
- 48005, MI: equally priced homes
- 48094, MI: higher priced homes
- 48096, MI: equally priced homes
- 48003, MI: less expensive homes
- 48363, MI: higher priced homes
- 48370, MI: higher priced homes
- 48002, MI: less expensive homes
- 48428, MI: less expensive homes
Zip Codes with Similar Populations
- 07936, NJ: higher priced homes
- 95425, CA: higher priced homes
- 96708, HI: higher priced homes
- 28516, NC: equally priced homes
- 27301, NC: less expensive homes
- 20841, MD: higher priced homes
- 19540, PA: less expensive homes
- 97138, OR: higher priced homes
- 14004, NY: less expensive homes
- 13492, NY: less expensive homes
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