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These days, finding an affordable place to live in the 48177 area can be challenging. Home prices in 48177 are now at a median cost of $256,900, higher than the Michigan average of $250,415.
The average cost of rent is $1,660/mo in 48177, primarily driven by the current value of real estate in the 48177 area. In 48177, 4.85% of households rent, and 44.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48177 is $8,380 per month. Households that rent pay about 19.81% of their income on rent here. 48177’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 48182, MI: equally priced homes
- 48144, MI: equally priced homes
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- 48140, MI: higher priced homes
- 49267, MI: equally priced homes
- 48145, MI: equally priced homes
- 49270, MI: equally priced homes
- 43612, OH: less expensive homes
- 43613, OH: less expensive homes
- 48157, MI: less expensive homes
Zip Codes with Similar Populations
- 95514, CA: higher priced homes
- 57386, SD: less expensive homes
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- 96112, CA: equally priced homes
- 95930, CA: higher priced homes
- 01244, MA: higher priced homes
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