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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 $120,597, lower than the Michigan average of $196,062.
The average cost of rent is $1,124/mo in 48186, primarily driven by the current value of real estate in the 48186 area. While nearly 38.56% of residents own their homes outright in 48186, 33.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48186 is $4,990 per month. Households that rent pay about 22.52% of their income on rent here. 48186's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48184, MI: less expensive homes
- 48135, MI: higher 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: equally priced 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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