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These days, finding an affordable place to live in the 48073 area can be challenging. Home prices in 48073 are now at a median cost of $257,030, higher than the Michigan average of $196,062.
The average cost of rent is $1,235/mo in 48073, primarily driven by the current value of real estate in the 48073 area. While nearly 32.66% of residents own their homes outright in 48073, 32.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48073 is $7,501 per month. Households that rent pay about 16.47% of their income on rent here. 48073's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48017, MI: less expensive homes
- 48072, MI: equally priced homes
- 48067, MI: equally priced homes
- 48070, MI: higher priced homes
- 48084, MI: higher priced homes
- 48009, MI: higher priced homes
- 48071, MI: less expensive homes
- 48069, MI: higher priced homes
- 48076, MI: less expensive homes
- 48237, MI: less expensive homes
Zip Codes with Similar Populations
- 03301, NH: equally priced homes
- 30311, GA: less expensive homes
- 30094, GA: less expensive homes
- 22306, VA: higher priced homes
- 10065, NY: higher priced homes
- 10010, NY: higher priced homes
- 07208, NJ: higher priced homes
- 06614, CT: equally priced homes
- 60901, IL: less expensive homes
- 99163, WA: higher priced homes
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