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These days, finding an affordable place to live in the 48212 area can be challenging. Home prices in 48212 are now at a median cost of $124,518, lower than the Michigan average of $250,415.
The average cost of rent is $997/mo in 48212, primarily driven by the current value of real estate in the 48212 area. In 48212, 38.10% of households rent, and 73.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48212 is $3,416 per month. Households that rent pay about 29.19% of their income on rent here. 48212’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 48211, MI: less expensive homes
- 48234, MI: less expensive homes
- 48202, MI: higher priced homes
- 48203, MI: less expensive homes
- 48206, MI: higher priced homes
- 48213, MI: less expensive homes
- 48201, MI: higher priced homes
- 48208, MI: higher priced homes
- 48207, MI: higher priced homes
- 48214, MI: higher priced homes
Zip Codes with Similar Populations
- 94066, CA: higher priced homes
- 11040, NY: higher priced homes
- 11217, NY: higher priced homes
- 11365, NY: higher priced homes
- 13760, NY: higher priced homes
- 14075, NY: higher priced homes
- 94605, CA: higher priced homes
- 29607, SC: higher priced homes
- 94116, CA: higher priced homes
- 30076, GA: higher priced homes
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