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These days, finding an affordable place to live in the 48093 area can be challenging. Home prices in 48093 are now at a median cost of $146,538, lower than the Michigan average of $196,062.
The average cost of rent is $1,059/mo in 48093, primarily driven by the current value of real estate in the 48093 area. While nearly 38.14% of residents own their homes outright in 48093, 20.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48093 is $5,749 per month. Households that rent pay about 18.41% of their income on rent here. 48093's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48088, MI: equally priced homes
- 48015, MI: less expensive homes
- 48092, MI: higher priced homes
- 48089, MI: less expensive homes
- 48312, MI: higher priced homes
- 48026, MI: higher priced homes
- 48066, MI: less expensive homes
- 48091, MI: less expensive homes
- 48310, MI: higher priced homes
- 48071, MI: equally priced homes
Zip Codes with Similar Populations
- 91301, CA: higher priced homes
- 32081, FL: higher priced homes
- 32905, FL: equally priced homes
- 32953, FL: higher priced homes
- 33607, FL: higher priced homes
- 92119, CA: higher priced homes
- 42503, KY: higher priced homes
- 91737, CA: higher priced homes
- 91307, CA: higher priced homes
- 99354, WA: higher priced homes
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