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These days, finding an affordable place to live in the 48186 area can be challenging. Home prices in 48186 are now at a median cost of $170,525, lower than the Michigan average of $250,415.
The average cost of rent is $1,200/mo in 48186, primarily driven by the current value of real estate in the 48186 area. In 48186, 31.33% of households rent, and 33.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48186 is $5,560 per month. Households that rent pay about 21.58% of their income on rent here. 48186’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern 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
- 48184, MI: equally priced homes
- 48135, MI: equally priced homes
- 48185, MI: higher priced homes
- 48141, MI: less expensive homes
- 48150, MI: higher priced homes
- 48127, MI: higher priced homes
- 48188, MI: higher priced homes
- 48128, MI: higher priced homes
- 48187, MI: higher priced homes
- 48125, MI: less expensive homes
Zip Codes with Similar Populations
- 80112, CO: higher priced homes
- 13126, NY: less expensive homes
- 97217, OR: higher priced homes
- 96740, HI: higher priced homes
- 17011, PA: higher priced homes
- 17111, PA: higher priced homes
- 80004, CO: higher priced homes
- 95901, CA: higher priced homes
- 19115, PA: higher priced homes
- 19116, PA: higher priced homes
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