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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 $282,714, higher than the Michigan average of $250,415.
The average cost of rent is $1,115/mo in 48134, primarily driven by the current value of real estate in the 48134 area. In 48134, 17.38% of households rent, and 33.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48134 is $8,279 per month. Households that rent pay about 13.47% of their income on rent here. 48134’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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
- 48183, MI: less expensive homes
- 48179, MI: less expensive homes
- 48173, MI: less expensive homes
- 48164, MI: equally 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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