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These days, finding an affordable place to live in the 48081 area can be challenging. Home prices in 48081 are now at a median cost of $178,280, lower than the Michigan average of $196,062.
The average cost of rent is $1,247/mo in 48081, primarily driven by the current value of real estate in the 48081 area. While nearly 37.16% of residents own their homes outright in 48081, 13.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48081 is $6,252 per month. Households that rent pay about 19.94% of their income on rent here. 48081's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48066, MI: less expensive homes
- 48082, MI: less expensive homes
- 48080, MI: less expensive homes
- 48021, MI: less expensive homes
- 48026, MI: equally priced homes
- 48035, MI: less expensive homes
- 48225, MI: less expensive homes
- 48088, MI: less expensive homes
- 48236, MI: higher priced homes
- 48089, MI: less expensive homes
Zip Codes with Similar Populations
- 20018, DC: higher priced homes
- 21409, MD: higher priced homes
- 75237, TX: less expensive homes
- 73521, OK: less expensive homes
- 46619, IN: less expensive homes
- 48098, MI: higher priced homes
- 48169, MI: higher priced homes
- 49301, MI: higher priced homes
- 53597, WI: higher priced homes
- 53913, WI: equally priced homes
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