Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48098 area can be challenging. Home prices in 48098 are now at a median cost of $428,614, higher than the Michigan average of $196,062.
The average cost of rent is $1,892/mo in 48098, primarily driven by the current value of real estate in the 48098 area. While nearly 39.41% of residents own their homes outright in 48098, 5.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48098 is $12,895 per month. Households that rent pay about 14.67% of their income on rent here. 48098's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48084, MI: less expensive homes
- 48304, MI: higher priced homes
- 48085, MI: less expensive homes
- 48009, MI: higher priced homes
- 48083, MI: less expensive homes
- 48309, MI: less expensive homes
- 48017, MI: less expensive homes
- 48307, MI: less expensive homes
- 48326, MI: less expensive homes
- 48073, MI: less expensive homes
Zip Codes with Similar Populations
- 62801, IL: less expensive homes
- 37914, TN: less expensive homes
- 38863, MS: less expensive homes
- 43609, OH: less expensive homes
- 00757, PR: less expensive homes
- 44147, OH: less expensive homes
- 44149, OH: less expensive homes
- 45406, OH: less expensive homes
- 48081, MI: less expensive homes
- 60093, IL: higher priced homes
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