The Most Affordable Neighborhoods in 48135, MI by Home Value

 

48135, MI Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 48135 area can be challenging. Home prices in 48135 are now at a median cost of $170,317, lower than the Michigan average of $250,415.

The average cost of rent is $1,348/mo in 48135, primarily driven by the current value of real estate in the 48135 area. In 48135, 20.94% of households rent, and 39.60% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in 48135 is $5,883 per month. Households that rent pay about 22.91% of their income on rent here. 48135’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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