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These days, finding an affordable place to live in the 48092 area can be challenging. Home prices in 48092 are now at a median cost of $163,767, lower than the Michigan average of $196,062.
The average cost of rent is $1,290/mo in 48092, primarily driven by the current value of real estate in the 48092 area. While nearly 39.37% of residents own their homes outright in 48092, 17.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48092 is $5,277 per month. Households that rent pay about 24.45% of their income on rent here. 48092's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48071, MI: equally priced homes
- 48093, MI: less expensive homes
- 48015, MI: less expensive homes
- 48091, MI: less expensive homes
- 48310, MI: higher priced homes
- 48030, MI: less expensive homes
- 48067, MI: higher priced homes
- 48088, MI: equally priced homes
- 48083, MI: higher priced homes
- 48312, MI: higher priced homes
Zip Codes with Similar Populations
- 06109, CT: higher priced homes
- 49006, MI: equally priced homes
- 80130, CO: higher priced homes
- 44515, OH: less expensive homes
- 34747, FL: higher priced homes
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- 30345, GA: higher priced homes
- 30088, GA: less expensive homes
- 94518, CA: higher priced homes
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