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These days, finding an affordable place to live in the 48067 area can be challenging. Home prices in 48067 are now at a median cost of $341,891, higher than the Michigan average of $250,415.
The average cost of rent is $1,657/mo in 48067, primarily driven by the current value of real estate in the 48067 area. In 48067, 32.43% of households rent, and 28.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48067 is $9,888 per month. Households that rent pay about 16.76% of their income on rent here. 48067’s most expensive areas are in the western 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
- 48069, MI: higher priced homes
- 48070, MI: higher priced homes
- 48071, MI: less expensive homes
- 48220, MI: less expensive homes
- 48073, MI: equally priced homes
- 48072, MI: equally priced homes
- 48237, MI: less expensive homes
- 48030, MI: less expensive homes
- 48017, MI: less expensive homes
- 48092, MI: less expensive homes
Zip Codes with Similar Populations
- 40383, KY: less expensive homes
- 98671, WA: higher priced homes
- 98405, WA: higher priced homes
- 98126, WA: higher priced homes
- 95864, CA: higher priced homes
- 84109, UT: higher priced homes
- 84104, UT: equally priced homes
- 84025, UT: higher priced homes
- 77478, TX: higher priced homes
- 73044, OK: less expensive homes
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