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These days, finding an affordable place to live in the 48225 area can be challenging. Home prices in 48225 are now at a median cost of $149,600, lower than the Michigan average of $250,415.
The average cost of rent is $1,411/mo in 48225, primarily driven by the current value of real estate in the 48225 area. In 48225, 33.40% of households rent, and 40.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48225 is $5,826 per month. Households that rent pay about 24.22% of their income on rent here. 48225’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western 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
- 48236, MI: higher priced homes
- 48224, MI: less expensive homes
- 48021, MI: equally priced homes
- 48080, MI: higher priced homes
- 48205, MI: less expensive homes
- 48230, MI: higher priced homes
- 48213, MI: less expensive homes
- 48089, MI: less expensive homes
- 48081, MI: higher priced homes
- 48215, MI: less expensive homes
Zip Codes with Similar Populations
- 45640, OH: higher priced homes
- 60070, IL: higher priced homes
- 58203, ND: higher priced homes
- 55391, MN: higher priced homes
- 49080, MI: higher priced homes
- 48827, MI: higher priced homes
- 48624, MI: higher priced homes
- 46637, IN: higher priced homes
- 46228, IN: higher priced homes
- 63115, MO: less expensive homes
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