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These days, finding an affordable place to live in the 48164 area can be challenging. Home prices in 48164 are now at a median cost of $243,441, higher than the Michigan average of $196,062.
The average cost of rent is $1,493/mo in 48164, primarily driven by the current value of real estate in the 48164 area. While nearly 35.08% of residents own their homes outright in 48164, 7.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48164 is $7,846 per month. Households that rent pay about 19.03% of their income on rent here. 48164's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48134, MI: equally priced homes
- 48174, MI: less expensive homes
- 48117, MI: equally priced homes
- 48111, MI: less expensive homes
- 48183, MI: less expensive homes
- 48179, MI: less expensive homes
- 48180, MI: less expensive homes
- 48173, MI: less expensive homes
- 48191, MI: equally priced homes
- 48193, MI: less expensive homes
Zip Codes with Similar Populations
- 78016, TX: less expensive homes
- 21219, MD: higher priced homes
- 22060, VA: higher priced homes
- 24016, VA: less expensive homes
- 24211, VA: equally priced homes
- 25311, WV: less expensive homes
- 29006, SC: less expensive homes
- 32046, FL: less expensive homes
- 36874, AL: equally priced homes
- 37757, TN: less expensive homes
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