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These days, finding an affordable place to live in the 48228 area can be challenging. Home prices in 48228 are now at a median cost of $42,103, lower than the Michigan average of $196,062.
The average cost of rent is $946/mo in 48228, primarily driven by the current value of real estate in the 48228 area. While nearly 72.65% of residents own their homes outright in 48228, 51.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48228 is $2,821 per month. Households that rent pay about 33.54% of their income on rent here. 48228's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48126, MI: higher priced homes
- 48227, MI: higher priced homes
- 48223, MI: higher priced homes
- 48128, MI: higher priced homes
- 48127, MI: higher priced homes
- 48204, MI: higher priced homes
- 48239, MI: higher priced homes
- 48120, MI: higher priced homes
- 48124, MI: higher priced homes
- 48210, MI: equally priced homes
Zip Codes with Similar Populations
- 21215, MD: higher priced homes
- 07104, NJ: higher priced homes
- 20009, DC: higher priced homes
- 10031, NY: higher priced homes
- 19148, PA: higher priced homes
- 19067, PA: higher priced homes
- 87105, NM: higher priced homes
- 80229, CO: higher priced homes
- 84003, UT: higher priced homes
- 84095, UT: higher priced homes
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