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These days, finding an affordable place to live in the 48071 area can be challenging. Home prices in 48071 are now at a median cost of $150,842, lower than the Michigan average of $196,062.
The average cost of rent is $1,064/mo in 48071, primarily driven by the current value of real estate in the 48071 area. While nearly 46.65% of residents own their homes outright in 48071, 43.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48071 is $5,125 per month. Households that rent pay about 20.75% of their income on rent here. 48071's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48067, MI: higher priced homes
- 48092, MI: equally priced homes
- 48030, MI: less expensive homes
- 48069, MI: higher priced homes
- 48073, MI: higher priced homes
- 48091, MI: less expensive homes
- 48017, MI: higher priced homes
- 48220, MI: higher priced homes
- 48070, MI: higher priced homes
- 48083, MI: higher priced homes
Zip Codes with Similar Populations
- 98107, WA: higher priced homes
- 73132, OK: higher priced homes
- 02889, RI: higher priced homes
- 46176, IN: less expensive homes
- 43223, OH: less expensive homes
- 33764, FL: higher priced homes
- 32958, FL: higher priced homes
- 31093, GA: less expensive homes
- 29625, SC: higher priced homes
- 29154, SC: less expensive homes
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