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These days, finding an affordable place to live in the 48189 area can be challenging. Home prices in 48189 are now at a median cost of $322,305, higher than the Michigan average of $250,415.
The average cost of rent is $1,412/mo in 48189, primarily driven by the current value of real estate in the 48189 area. In 48189, 18.35% of households rent, and 33.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48189 is $8,598 per month. Households that rent pay about 16.42% of their income on rent here. 48189’s most expensive areas are in the southwestern 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
- 48139, MI: higher priced homes
- 48116, MI: higher priced homes
- 48178, MI: higher priced homes
- 48169, MI: higher priced homes
- 48130, MI: higher priced homes
- 48105, MI: higher priced homes
- 48165, MI: higher priced homes
- 48114, MI: higher priced homes
- 48175, MI: higher priced homes
- 48380, MI: higher priced homes
Zip Codes with Similar Populations
- 01118, MA: less expensive homes
- 74955, OK: less expensive homes
- 18938, PA: higher priced homes
- 85305, AZ: higher priced homes
- 12771, NY: less expensive homes
- 77510, TX: equally priced homes
- 78248, TX: higher priced homes
- 73108, OK: less expensive homes
- 72908, AR: less expensive homes
- 71295, LA: less expensive homes
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