Affordable
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These days, finding an affordable place to live in the 48209 area can be challenging. Home prices in 48209 are now at a median cost of $67,741, lower than the Michigan average of $196,062.
The average cost of rent is $795/mo in 48209, primarily driven by the current value of real estate in the 48209 area. While nearly 79.85% of residents own their homes outright in 48209, 49.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48209 is $2,917 per month. Households that rent pay about 27.26% of their income on rent here. 48209's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48210, MI: less expensive homes
- 48216, MI: higher priced homes
- 48120, MI: higher priced homes
- 48208, MI: higher priced homes
- 48218, MI: less expensive homes
- 48217, MI: less expensive homes
- 48226, MI: higher priced homes
- 48126, MI: higher priced homes
- 48201, MI: higher priced homes
- 48122, MI: higher priced homes
Zip Codes with Similar Populations
- 01880, MA: higher priced homes
- 98597, WA: higher priced homes
- 97317, OR: higher priced homes
- 97003, OR: higher priced homes
- 95215, CA: higher priced homes
- 94704, CA: higher priced homes
- 94510, CA: higher priced homes
- 94133, CA: higher priced homes
- 91364, CA: higher priced homes
- 90249, CA: higher priced homes
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