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These days, finding an affordable place to live in the 48158 area can be challenging. Home prices in 48158 are now at a median cost of $313,970, higher than the Michigan average of $250,415.
The average cost of rent is $1,157/mo in 48158, primarily driven by the current value of real estate in the 48158 area. In 48158, 11.21% of households rent, and 33.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48158 is $8,037 per month. Households that rent pay about 14.40% of their income on rent here. 48158’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 49236, MI: less expensive homes
- 49263, MI: less expensive homes
- 49287, MI: equally priced homes
- 49261, MI: less expensive homes
- 49240, MI: equally priced homes
- 49230, MI: less expensive homes
- 49286, MI: less expensive homes
- 49265, MI: less expensive homes
- 48176, MI: higher priced homes
- 48103, MI: higher priced homes
Zip Codes with Similar Populations
- 37220, TN: higher priced homes
- 75956, TX: less expensive homes
- 47060, IN: equally priced homes
- 42437, KY: less expensive homes
- 41179, KY: less expensive homes
- 41097, KY: less expensive homes
- 41040, KY: less expensive homes
- 40359, KY: less expensive homes
- 39556, MS: less expensive homes
- 76043, TX: less expensive homes
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