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These days, finding an affordable place to live in the 48195 area can be challenging. Home prices in 48195 are now at a median cost of $140,947, lower than the Michigan average of $196,062.
The average cost of rent is $1,058/mo in 48195, primarily driven by the current value of real estate in the 48195 area. While nearly 42.08% of residents own their homes outright in 48195, 31.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48195 is $5,384 per month. Households that rent pay about 19.65% of their income on rent here. 48195's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48192, MI: equally priced homes
- 48193, MI: higher priced homes
- 48146, MI: less expensive homes
- 48101, MI: equally priced homes
- 48180, MI: less expensive homes
- 48229, MI: less expensive homes
- 48217, MI: less expensive homes
- 48183, MI: higher priced homes
- 48122, MI: less expensive homes
- 48138, MI: higher priced homes
Zip Codes with Similar Populations
- 30248, GA: higher priced homes
- 84044, UT: higher priced homes
- 03062, NH: higher priced homes
- 92110, CA: higher priced homes
- 35007, AL: higher priced homes
- 32809, FL: higher priced homes
- 32301, FL: equally priced homes
- 32003, FL: higher priced homes
- 30329, GA: higher priced homes
- 30013, GA: higher priced homes
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