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These days, finding an affordable place to live in the 48095 area can be challenging. Home prices in 48095 are now at a median cost of $428,649, higher than the Michigan average of $250,415.
The average cost of rent is $917/mo in 48095, primarily driven by the current value of real estate in the 48095 area. In 48095, 6.40% of households rent, and 38.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48095 is $9,033 per month. Households that rent pay about 10.15% of their income on rent here. 48095’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 48065, MI: less expensive homes
- 48094, MI: equally priced homes
- 48096, MI: less expensive homes
- 48316, MI: equally priced homes
- 48363, MI: higher priced homes
- 48367, MI: equally priced homes
- 48306, MI: higher priced homes
- 48005, MI: less expensive homes
- 48315, MI: less expensive homes
- 48042, MI: equally priced homes
Zip Codes with Similar Populations
- 26537, WV: less expensive homes
- 32732, FL: higher priced homes
- 32460, FL: less expensive homes
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- 32087, FL: less expensive homes
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- 31092, GA: less expensive homes
- 30582, GA: less expensive homes
- 30346, GA: higher priced homes
- 29676, SC: higher priced homes
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