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These days, finding an affordable place to live in the 48085 area can be challenging. Home prices in 48085 are now at a median cost of $426,976, higher than the Michigan average of $250,415.
The average cost of rent is $2,666/mo in 48085, primarily driven by the current value of real estate in the 48085 area. In 48085, 8.50% of households rent, and 35.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48085 is $12,296 per month. Households that rent pay about 21.68% of their income on rent here. 48085’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 48083, MI: less expensive homes
- 48098, MI: higher priced homes
- 48314, MI: less expensive homes
- 48310, MI: less expensive homes
- 48084, MI: equally priced homes
- 48307, MI: less expensive homes
- 48317, MI: less expensive homes
- 48017, MI: less expensive homes
- 48309, MI: equally priced homes
- 48304, MI: higher priced homes
Zip Codes with Similar Populations
- 22180, VA: higher priced homes
- 44136, OH: less expensive homes
- 32806, FL: higher priced homes
- 32789, FL: higher priced homes
- 32177, FL: less expensive homes
- 28144, NC: less expensive homes
- 23238, VA: higher priced homes
- 23113, VA: higher priced homes
- 21204, MD: higher priced homes
- 17315, PA: less expensive homes
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