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These days, finding an affordable place to live in the 48183 area can be challenging. Home prices in 48183 are now at a median cost of $231,165, lower than the Michigan average of $250,415.
The average cost of rent is $1,122/mo in 48183, primarily driven by the current value of real estate in the 48183 area. In 48183, 22.56% of households rent, and 42.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48183 is $7,227 per month. Households that rent pay about 15.53% of their income on rent here. 48183’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern 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
- 48193, MI: equally priced homes
- 48138, MI: higher priced homes
- 48134, MI: higher priced homes
- 48173, MI: higher priced homes
- 48195, MI: less expensive homes
- 48179, MI: equally priced homes
- 48192, MI: less expensive homes
- 48180, MI: less expensive homes
- 48146, MI: less expensive homes
- 48101, MI: less expensive homes
Zip Codes with Similar Populations
- 98031, WA: higher priced homes
- 10801, NY: higher priced homes
- 95991, CA: higher priced homes
- 11003, NY: higher priced homes
- 97202, OR: higher priced homes
- 93292, CA: higher priced homes
- 08902, NJ: higher priced homes
- 08844, NJ: higher priced homes
- 15108, PA: higher priced homes
- 02895, RI: higher priced homes
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