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These days, finding an affordable place to live in the 48070 area can be challenging. Home prices in 48070 are now at a median cost of $498,844, higher than the Michigan average of $250,415.
The average cost of rent is $2,493/mo in 48070, primarily driven by the current value of real estate in the 48070 area. In 48070, 3.90% of households rent, and 29.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48070 is $15,849 per month. Households that rent pay about 15.73% of their income on rent here. 48070’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 48237, MI: less expensive homes
- 48072, MI: less expensive homes
- 48069, MI: equally priced homes
- 48067, MI: less expensive homes
- 48220, MI: less expensive homes
- 48073, MI: less expensive homes
- 48075, MI: less expensive homes
- 48076, MI: less expensive homes
- 48071, MI: less expensive homes
- 48017, MI: less expensive homes
Zip Codes with Similar Populations
- 25306, WV: less expensive homes
- 78605, TX: less expensive homes
- 76559, TX: less expensive homes
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- 37737, TN: less expensive homes
- 32816, FL: less expensive homes
- 27823, NC: less expensive homes
- 27605, NC: higher priced homes
- 27306, NC: less expensive homes
- 26037, WV: less expensive homes
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