The Most Affordable Neighborhoods in 48096, MI by Home Value

 

48096, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 48096 area can be challenging. Home prices in 48096 are now at a median cost of $316,994, higher than the Michigan average of $196,062.

The average cost of rent is $1,006/mo in 48096, primarily driven by the current value of real estate in the 48096 area. While nearly 45.53% of residents own their homes outright in 48096, 16.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in 48096 is $9,259 per month. Households that rent pay about 10.86% of their income on rent here. 48096's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.


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