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These days, finding an affordable place to live in the 48126 area can be challenging. Home prices in 48126 are now at a median cost of $170,264, lower than the Michigan average of $196,062.
The average cost of rent is $1,153/mo in 48126, primarily driven by the current value of real estate in the 48126 area. While nearly 61.36% of residents own their homes outright in 48126, 40.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48126 is $3,745 per month. Households that rent pay about 30.80% of their income on rent here. 48126's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48120, MI: equally priced homes
- 48228, MI: less expensive homes
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- 48204, MI: less expensive homes
- 48122, MI: less expensive homes
- 48209, MI: less expensive homes
- 48227, MI: less expensive homes
- 48124, MI: higher priced homes
- 48128, MI: higher priced homes
- 48217, MI: less expensive homes
Zip Codes with Similar Populations
- 76010, TX: less expensive homes
- 84041, UT: higher priced homes
- 83686, ID: higher priced homes
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- 80525, CO: higher priced homes
- 78852, TX: less expensive homes
- 78550, TX: less expensive homes
- 78250, TX: equally priced homes
- 78240, TX: higher priced homes
- 78228, TX: less expensive homes
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