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These days, finding an affordable place to live in the 48214 area can be challenging. Home prices in 48214 are now at a median cost of $170,699, lower than the Michigan average of $250,415.
The average cost of rent is $899/mo in 48214, primarily driven by the current value of real estate in the 48214 area. In 48214, 59.76% of households rent, and 65.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48214 is $3,882 per month. Households that rent pay about 23.14% of their income on rent here. 48214’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 48207, MI: higher priced homes
- 48215, MI: less expensive homes
- 48213, MI: less expensive homes
- 48211, MI: less expensive homes
- 48226, MI: higher priced homes
- 48201, MI: higher priced homes
- 48230, MI: higher priced homes
- 48224, MI: less expensive homes
- 48212, MI: less expensive homes
- 48202, MI: higher priced homes
Zip Codes with Similar Populations
- 08361, NJ: higher priced homes
- 78732, TX: higher priced homes
- 31015, GA: equally priced homes
- 33167, FL: higher priced homes
- 44622, OH: higher priced homes
- 48213, MI: less expensive homes
- 53012, WI: higher priced homes
- 53716, WI: higher priced homes
- 75803, TX: higher priced homes
- 76574, TX: higher priced homes
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