Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the 48162 area can be challenging. Home prices in 48162 are now at a median cost of $176,640, lower than the Michigan average of $196,062.
The average cost of rent is $861/mo in 48162, primarily driven by the current value of real estate in the 48162 area. While nearly 36.19% of residents own their homes outright in 48162, 31.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48162 is $5,099 per month. Households that rent pay about 16.88% of their income on rent here. 48162's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48161, MI: less expensive homes
- 48166, MI: less expensive homes
- 48145, MI: higher priced homes
- 48117, MI: higher priced homes
- 48157, MI: equally priced homes
- 48159, MI: equally priced homes
- 48179, MI: equally priced homes
- 48140, MI: higher priced homes
- 48173, MI: equally priced homes
- 48177, MI: less expensive homes
Zip Codes with Similar Populations
- 10598, NY: higher priced homes
- 97062, OR: higher priced homes
- 95330, CA: higher priced homes
- 91803, CA: higher priced homes
- 90302, CA: higher priced homes
- 85629, AZ: higher priced homes
- 80234, CO: higher priced homes
- 71901, AR: less expensive homes
- 45239, OH: less expensive homes
- 43420, OH: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood