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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 $418,511, higher than the Michigan average of $196,062.
The average cost of rent is $694/mo in 48095, primarily driven by the current value of real estate in the 48095 area. While nearly 36.40% of residents own their homes outright in 48095, 2.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48095 is $11,359 per month. Households that rent pay about 6.11% of their income on rent here. 48095's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48065, MI: less expensive homes
- 48094, MI: less expensive homes
- 48096, MI: less expensive homes
- 48316, MI: less expensive homes
- 48363, MI: higher priced homes
- 48367, MI: less expensive homes
- 48306, MI: higher priced homes
- 48005, MI: less expensive homes
- 48315, MI: less expensive homes
- 48042, MI: less expensive homes
Zip Codes with Similar Populations
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- 31092, GA: less expensive homes
- 30582, GA: less expensive homes
- 30346, GA: equally priced homes
- 29676, SC: equally priced homes
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