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These days, finding an affordable place to live in the 48165 area can be challenging. Home prices in 48165 are now at a median cost of $435,204, higher than the Michigan average of $250,415.
The average cost of rent is $2,081/mo in 48165, primarily driven by the current value of real estate in the 48165 area. In 48165, 20.66% of households rent, and 34.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48165 is $9,846 per month. Households that rent pay about 21.14% of their income on rent here. 48165’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 48178, MI: equally priced homes
- 48381, MI: less expensive homes
- 48393, MI: less expensive homes
- 48374, MI: higher priced homes
- 48380, MI: equally priced homes
- 48175, MI: higher priced homes
- 48114, MI: less expensive homes
- 48377, MI: less expensive homes
- 48390, MI: less expensive homes
- 48167, MI: higher priced homes
Zip Codes with Similar Populations
- 07605, NJ: higher priced homes
- 71449, LA: less expensive homes
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- 06901, CT: higher priced homes
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