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These days, finding an affordable place to live in the 48173 area can be challenging. Home prices in 48173 are now at a median cost of $190,509, lower than the Michigan average of $196,062.
The average cost of rent is $996/mo in 48173, primarily driven by the current value of real estate in the 48173 area. While nearly 41.33% of residents own their homes outright in 48173, 14.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48173 is $7,019 per month. Households that rent pay about 14.19% of their income on rent here. 48173's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48179, MI: equally priced homes
- 48183, MI: equally priced homes
- 48134, MI: higher priced homes
- 48138, MI: higher priced homes
- 48193, MI: less expensive homes
- 48166, MI: less expensive homes
- 48164, MI: higher priced homes
- 48117, MI: higher priced homes
- 48162, MI: equally priced homes
- 48161, MI: less expensive homes
Zip Codes with Similar Populations
- 01507, MA: higher priced homes
- 02554, MA: higher priced homes
- 05468, VT: higher priced homes
- 06413, CT: higher priced homes
- 07660, NJ: higher priced homes
- 07974, NJ: higher priced homes
- 14586, NY: equally priced homes
- 73122, OK: less expensive homes
- 49090, MI: higher priced homes
- 72396, AR: less expensive homes
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