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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 $333,490, higher than the Michigan average of $196,062.
The average cost of rent is $1,908/mo in 48165, primarily driven by the current value of real estate in the 48165 area. While nearly 31.07% of residents own their homes outright in 48165, 22.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48165 is $8,300 per month. Households that rent pay about 22.99% of their income on rent here. 48165's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48178, MI: equally priced homes
- 48381, MI: equally priced homes
- 48393, MI: less expensive homes
- 48374, MI: higher priced homes
- 48380, MI: higher priced homes
- 48175, MI: less expensive homes
- 48114, MI: equally priced homes
- 48377, MI: equally priced homes
- 48390, MI: less expensive homes
- 48167, MI: equally priced homes
Zip Codes with Similar Populations
- 07605, NJ: higher priced homes
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- 07419, NJ: less expensive homes
- 06901, CT: higher priced homes
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