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These days, finding an affordable place to live in the 48134 area can be challenging. Home prices in 48134 are now at a median cost of $222,136, higher than the Michigan average of $196,062.
The average cost of rent is $1,032/mo in 48134, primarily driven by the current value of real estate in the 48134 area. While nearly 30.22% of residents own their homes outright in 48134, 21.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48134 is $6,708 per month. Households that rent pay about 15.39% of their income on rent here. 48134's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48183, MI: less expensive homes
- 48179, MI: less expensive homes
- 48173, MI: less expensive homes
- 48164, MI: higher priced homes
- 48193, MI: less expensive homes
- 48117, MI: equally priced homes
- 48138, MI: higher priced homes
- 48174, MI: less expensive homes
- 48195, MI: less expensive homes
- 48180, MI: less expensive homes
Zip Codes with Similar Populations
- 08037, NJ: higher priced homes
- 33703, FL: higher priced homes
- 15136, PA: less expensive homes
- 32233, FL: higher priced homes
- 28804, NC: higher priced homes
- 24017, VA: less expensive homes
- 77578, TX: higher priced homes
- 46375, IN: higher priced homes
- 49085, MI: higher priced homes
- 55316, MN: higher priced homes
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