
Expensive
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These days, finding an affordable place to live in the 48138 area can be challenging. Home prices in 48138 are now at a median cost of $345,853, higher than the Michigan average of $196,062.
The average cost of rent is $1,260/mo in 48138, primarily driven by the current value of real estate in the 48138 area. While nearly 46.61% of residents own their homes outright in 48138, 9.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48138 is $9,083 per month. Households that rent pay about 13.87% of their income on rent here. 48138's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48183, MI: less expensive homes
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- 48229, MI: less expensive homes
- 48101, MI: less expensive homes
Zip Codes with Similar Populations
- 01754, MA: equally priced homes
- 99603, AK: less expensive homes
- 98528, WA: less expensive homes
- 95386, CA: equally priced homes
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- 93108, CA: higher priced homes
- 92657, CA: higher priced homes
- 92007, CA: higher priced homes
- 89423, NV: higher priced homes
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