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These days, finding an affordable place to live in the 48079 area can be challenging. Home prices in 48079 are now at a median cost of $217,938, higher than the Michigan average of $196,062.
The average cost of rent is $1,026/mo in 48079, primarily driven by the current value of real estate in the 48079 area. While nearly 40.24% of residents own their homes outright in 48079, 13.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48079 is $6,984 per month. Households that rent pay about 14.69% of their income on rent here. 48079's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48054, MI: equally priced homes
- 48040, MI: less expensive homes
- 48074, MI: less expensive homes
- 48063, MI: higher priced homes
- 48039, MI: less expensive homes
- 48060, MI: less expensive homes
- 48064, MI: equally priced homes
- 48027, MI: equally priced homes
- 48062, MI: equally priced homes
- 48050, MI: higher priced homes
Zip Codes with Similar Populations
- 75065, TX: higher priced homes
- 37854, TN: less expensive homes
- 38556, TN: less expensive homes
- 39090, MS: less expensive homes
- 39701, MS: less expensive homes
- 02093, MA: higher priced homes
- 40336, KY: less expensive homes
- 44054, OH: less expensive homes
- 44432, OH: less expensive homes
- 44811, OH: less expensive homes
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