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These days, finding an affordable place to live in the 48159 area can be challenging. Home prices in 48159 are now at a median cost of $191,597, lower than the Michigan average of $196,062.
The average cost of rent is $1,123/mo in 48159, primarily driven by the current value of real estate in the 48159 area. While nearly 38.02% of residents own their homes outright in 48159, 19.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48159 is $5,256 per month. Households that rent pay about 21.36% of their income on rent here. 48159's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48131, MI: higher priced homes
- 48190, MI: higher priced homes
- 48160, MI: equally priced homes
- 48191, MI: higher priced homes
- 48117, MI: higher priced homes
- 48162, MI: equally priced homes
- 48161, MI: less expensive homes
- 48164, MI: higher priced homes
- 48166, MI: less expensive homes
- 48176, MI: higher priced homes
Zip Codes with Similar Populations
- 04640, ME: higher priced homes
- 70041, LA: less expensive homes
- 72411, AR: less expensive homes
- 39057, MS: less expensive homes
- 75417, TX: less expensive homes
- 82426, WY: equally priced homes
- 95638, CA: higher priced homes
- 95669, CA: higher priced homes
- 24649, VA: less expensive homes
- 24137, VA: higher priced homes
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