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These days, finding an affordable place to live in the 48069 area can be challenging. Home prices in 48069 are now at a median cost of $473,726, higher than the Michigan average of $250,415.
The average cost of rent is $1,713/mo in 48069, primarily driven by the current value of real estate in the 48069 area. In 48069, 4.39% of households rent, and 26.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48069 is $14,934 per month. Households that rent pay about 11.47% of their income on rent here. 48069’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
- 48220, MI: less expensive homes
- 48067, MI: less expensive homes
- 48070, MI: equally priced homes
- 48237, MI: less expensive homes
- 48030, MI: less expensive homes
- 48072, MI: less expensive homes
- 48071, MI: less expensive homes
- 48221, MI: less expensive homes
- 48073, MI: less expensive homes
- 48235, MI: less expensive homes
Zip Codes with Similar Populations
- 31018, GA: less expensive homes
- 61024, IL: less expensive homes
- 58202, ND: less expensive homes
- 55940, MN: less expensive homes
- 65259, MO: less expensive homes
- 67526, KS: less expensive homes
- 72944, AR: less expensive homes
- 80459, CO: less expensive homes
- 87021, NM: less expensive homes
- 01038, MA: equally priced homes
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