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These days, finding an affordable place to live in the 48145 area can be challenging. Home prices in 48145 are now at a median cost of $244,427, lower than the Michigan average of $250,415.
The average cost of rent is $1,048/mo in 48145, primarily driven by the current value of real estate in the 48145 area. In 48145, 13.52% of households rent, and 37.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48145 is $7,194 per month. Households that rent pay about 14.57% of their income on rent here. 48145’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 48157, MI: less expensive homes
- 48161, MI: less expensive homes
- 48133, MI: equally priced homes
- 48140, MI: higher priced homes
- 48177, MI: equally priced homes
- 48162, MI: equally priced homes
- 48182, MI: equally priced homes
- 43611, OH: less expensive homes
- 48144, MI: higher priced homes
- 49270, MI: higher priced homes
Zip Codes with Similar Populations
- 15610, PA: less expensive homes
- 49715, MI: less expensive homes
- 50169, IA: equally priced homes
- 12865, NY: less expensive homes
- 58545, ND: less expensive homes
- 65747, MO: higher priced homes
- 59873, MT: higher priced homes
- 30445, GA: less expensive homes
- 62341, IL: less expensive homes
- 50627, IA: less expensive homes
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