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These days, finding an affordable place to live in the 48125 area can be challenging. Home prices in 48125 are now at a median cost of $139,433, lower than the Michigan average of $250,415.
The average cost of rent is $1,381/mo in 48125, primarily driven by the current value of real estate in the 48125 area. In 48125, 32.07% of households rent, and 50.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48125 is $4,941 per month. Households that rent pay about 27.94% of their income on rent here. 48125’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western 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
- 48124, MI: higher priced homes
- 48141, MI: less expensive homes
- 48128, MI: higher priced homes
- 48101, MI: higher priced homes
- 48180, MI: equally priced homes
- 48122, MI: less expensive homes
- 48127, MI: higher priced homes
- 48146, MI: equally priced homes
- 48135, MI: higher priced homes
- 48120, MI: higher priced homes
Zip Codes with Similar Populations
- 99705, AK: higher priced homes
- 98166, WA: higher priced homes
- 28401, NC: higher priced homes
- 25701, WV: higher priced homes
- 23061, VA: higher priced homes
- 98310, WA: higher priced homes
- 18902, PA: higher priced homes
- 15143, PA: higher priced homes
- 11692, NY: higher priced homes
- 10703, NY: higher priced homes
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