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These days, finding an affordable place to live in the 48193 area can be challenging. Home prices in 48193 are now at a median cost of $158,055, lower than the Michigan average of $196,062.
The average cost of rent is $1,109/mo in 48193, primarily driven by the current value of real estate in the 48193 area. While nearly 38.95% of residents own their homes outright in 48193, 36.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48193 is $5,268 per month. Households that rent pay about 21.05% of their income on rent here. 48193's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48195, MI: less expensive homes
- 48183, MI: higher priced homes
- 48192, MI: less expensive homes
- 48138, MI: higher priced homes
- 48146, MI: less expensive homes
- 48180, MI: less expensive homes
- 48101, MI: equally priced homes
- 48134, MI: higher priced homes
- 48229, MI: less expensive homes
- 48173, MI: higher priced homes
Zip Codes with Similar Populations
- 02790, MA: higher priced homes
- 02911, RI: higher priced homes
- 08691, NJ: higher priced homes
- 57783, SD: higher priced homes
- 68028, NE: higher priced homes
- 68007, NE: higher priced homes
- 67460, KS: equally priced homes
- 67214, KS: less expensive homes
- 66067, KS: equally priced homes
- 63628, MO: equally priced homes
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