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These days, finding an affordable place to live in the 48122 area can be challenging. Home prices in 48122 are now at a median cost of $79,409, lower than the Michigan average of $196,062.
The average cost of rent is $1,018/mo in 48122, primarily driven by the current value of real estate in the 48122 area. While nearly 59.75% of residents own their homes outright in 48122, 46.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48122 is $3,533 per month. Households that rent pay about 28.80% of their income on rent here. 48122's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48217, MI: less expensive homes
- 48120, MI: higher priced homes
- 48218, MI: less expensive homes
- 48101, MI: higher priced homes
- 48229, MI: less expensive homes
- 48146, MI: higher priced homes
- 48126, MI: higher priced homes
- 48124, MI: higher priced homes
- 48209, MI: less expensive homes
- 48125, MI: higher priced homes
Zip Codes with Similar Populations
- 02882, RI: higher priced homes
- 98660, WA: higher priced homes
- 85355, AZ: higher priced homes
- 76309, TX: higher priced homes
- 39475, MS: higher priced homes
- 31014, GA: higher priced homes
- 23509, VA: higher priced homes
- 15238, PA: higher priced homes
- 10528, NY: higher priced homes
- 08103, NJ: higher priced homes
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