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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 $60,578, lower than the Michigan average of $250,415.
The average cost of rent is $1,121/mo in 48228, primarily driven by the current value of real estate in the 48228 area. In 48228, 50.70% of households rent, and 75.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48228 is $2,628 per month. Households that rent pay about 42.68% of their income on rent here. 48228’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 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: equally priced homes
- 48239, MI: higher priced homes
- 48120, MI: higher priced homes
- 48124, MI: higher priced homes
- 48210, MI: higher 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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