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These days, finding an affordable place to live in the 48175 area can be challenging. Home prices in 48175 are now at a median cost of $284,400, higher than the Michigan average of $196,062.
The average cost of rent is $1,466/mo in 48175, primarily driven by the current value of real estate in the 48175 area. While nearly 28.69% of residents own their homes outright in 48175, 14.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48175 is $6,900 per month. Households that rent pay about 21.25% of their income on rent here. 48175's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48168, MI: higher priced homes
- 48167, MI: higher priced homes
- 48170, MI: higher priced homes
- 48178, MI: equally priced homes
- 48374, MI: higher priced homes
- 48165, MI: higher priced homes
- 48375, MI: higher priced homes
- 48187, MI: higher priced homes
- 48377, MI: higher priced homes
- 48393, MI: less expensive homes
Zip Codes with Similar Populations
- 20771, MD: less expensive homes
- 83354, ID: higher priced homes
- 29589, SC: less expensive homes
- 27964, NC: less expensive homes
- 27877, NC: less expensive homes
- 26886, WV: less expensive homes
- 25305, WV: less expensive homes
- 25156, WV: less expensive homes
- 24829, WV: less expensive homes
- 24415, VA: less expensive homes
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