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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 $380,476, higher than the Michigan average of $250,415.
The average cost of rent is $1,319/mo in 48138, primarily driven by the current value of real estate in the 48138 area. In 48138, 8.14% of households rent, and 48.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48138 is $11,807 per month. Households that rent pay about 11.17% of their income on rent here. 48138’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 48193, MI: less expensive homes
- 48173, MI: less expensive homes
- 48192, MI: less expensive homes
- 48195, MI: less expensive homes
- 48134, MI: less expensive homes
- 48146, MI: less expensive homes
- 48179, MI: less expensive homes
- 48229, MI: less expensive homes
- 48101, MI: less expensive homes
Zip Codes with Similar Populations
- 01754, MA: higher priced homes
- 99603, AK: equally priced homes
- 98528, WA: higher priced homes
- 95386, CA: higher priced homes
- 95073, CA: higher priced homes
- 93620, CA: less expensive homes
- 93108, CA: higher priced homes
- 92657, CA: higher priced homes
- 92007, CA: higher priced homes
- 89423, NV: higher priced homes
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