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These days, finding an affordable place to live in the 48072 area can be challenging. Home prices in 48072 are now at a median cost of $320,577, higher than the Michigan average of $250,415.
The average cost of rent is $1,684/mo in 48072, primarily driven by the current value of real estate in the 48072 area. In 48072, 12.06% of households rent, and 25.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48072 is $9,868 per month. Households that rent pay about 17.06% of their income on rent here. 48072’s most expensive areas are in the northeastern 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
- 48070, MI: higher priced homes
- 48073, MI: equally priced homes
- 48237, MI: less expensive homes
- 48076, MI: less expensive homes
- 48067, MI: equally priced homes
- 48069, MI: higher priced homes
- 48075, MI: less expensive homes
- 48017, MI: less expensive homes
- 48009, MI: higher priced homes
- 48220, MI: less expensive homes
Zip Codes with Similar Populations
- 77078, TX: less expensive homes
- 19809, DE: equally priced homes
- 20186, VA: higher priced homes
- 25704, WV: less expensive homes
- 27370, NC: less expensive homes
- 71006, LA: equally priced homes
- 74070, OK: less expensive homes
- 74110, OK: less expensive homes
- 75103, TX: less expensive homes
- 75249, TX: less expensive homes
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