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These days, finding an affordable place to live in the 48066 area can be challenging. Home prices in 48066 are now at a median cost of $151,818, lower than the Michigan average of $250,415.
The average cost of rent is $1,301/mo in 48066, primarily driven by the current value of real estate in the 48066 area. In 48066, 34.41% of households rent, and 39.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48066 is $5,348 per month. Households that rent pay about 24.32% of their income on rent here. 48066’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 48081, MI: higher priced homes
- 48026, MI: higher priced homes
- 48088, MI: higher priced homes
- 48021, MI: equally priced homes
- 48082, MI: higher priced homes
- 48080, MI: higher priced homes
- 48093, MI: higher priced homes
- 48089, MI: less expensive homes
- 48035, MI: higher priced homes
- 48225, MI: equally priced homes
Zip Codes with Similar Populations
- 38016, TN: higher priced homes
- 94014, CA: higher priced homes
- 93720, CA: higher priced homes
- 93635, CA: higher priced homes
- 93036, CA: higher priced homes
- 30909, GA: higher priced homes
- 32303, FL: higher priced homes
- 32818, FL: higher priced homes
- 33179, FL: higher priced homes
- 91352, CA: higher priced homes
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