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These days, finding an affordable place to live in the 48130 area can be challenging. Home prices in 48130 are now at a median cost of $499,383, higher than the Michigan average of $250,415.
The average cost of rent is $1,889/mo in 48130, primarily driven by the current value of real estate in the 48130 area. In 48130, 10.78% of households rent, and 29.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48130 is $11,948 per month. Households that rent pay about 15.81% of their income on rent here. 48130’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 48103, MI: equally priced homes
- 48118, MI: less expensive homes
- 48169, MI: less expensive homes
- 48189, MI: less expensive homes
- 48139, MI: less expensive homes
- 48109, MI: less expensive homes
- 48105, MI: higher priced homes
- 48104, MI: higher priced homes
- 48137, MI: less expensive homes
- 48108, MI: less expensive homes
Zip Codes with Similar Populations
- 02601, MA: less expensive homes
- 30620, GA: less expensive homes
- 19703, DE: less expensive homes
- 19508, PA: less expensive homes
- 19126, PA: less expensive homes
- 15147, PA: less expensive homes
- 14564, NY: less expensive homes
- 08882, NJ: less expensive homes
- 05446, VT: less expensive homes
- 03842, NH: higher priced homes
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