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These days, finding an affordable place to live in the 48154 area can be challenging. Home prices in 48154 are now at a median cost of $240,530, higher than the Michigan average of $196,062.
The average cost of rent is $1,283/mo in 48154, primarily driven by the current value of real estate in the 48154 area. While nearly 37.04% of residents own their homes outright in 48154, 9.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48154 is $7,738 per month. Households that rent pay about 16.58% of their income on rent here. 48154's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48152, MI: equally priced homes
- 48150, MI: less expensive homes
- 48185, MI: less expensive homes
- 48240, MI: less expensive homes
- 48239, MI: less expensive homes
- 48336, MI: less expensive homes
- 48335, MI: higher priced homes
- 48135, MI: less expensive homes
- 48170, MI: higher priced homes
- 48127, MI: less expensive homes
Zip Codes with Similar Populations
- 37922, TN: higher priced homes
- 90020, CA: higher priced homes
- 33905, FL: equally priced homes
- 34698, FL: equally priced homes
- 89128, NV: higher priced homes
- 35226, AL: higher priced homes
- 35401, AL: equally priced homes
- 36330, AL: less expensive homes
- 37086, TN: less expensive homes
- 37620, TN: less expensive homes
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