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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 $96,685, lower than the Michigan average of $196,062.
The average cost of rent is $1,148/mo in 48125, primarily driven by the current value of real estate in the 48125 area. While nearly 47.34% of residents own their homes outright in 48125, 29.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48125 is $4,625 per month. Households that rent pay about 24.83% of their income on rent here. 48125's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
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: higher 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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