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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 $427,303, higher than the Michigan average of $196,062.
The average cost of rent is $2,274/mo in 48070, primarily driven by the current value of real estate in the 48070 area. While nearly 31.39% of residents own their homes outright in 48070, 3.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48070 is $14,544 per month. Households that rent pay about 15.63% of their income on rent here. 48070's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48237, MI: less expensive homes
- 48072, MI: less expensive homes
- 48069, MI: equally priced homes
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- 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
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- 32816, FL: less expensive homes
- 27823, NC: less expensive homes
- 27605, NC: equally priced homes
- 27306, NC: less expensive homes
- 26037, WV: less expensive homes
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