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These days, finding an affordable place to live in the 48235 area can be challenging. Home prices in 48235 are now at a median cost of $63,163, lower than the Michigan average of $196,062.
The average cost of rent is $1,022/mo in 48235, primarily driven by the current value of real estate in the 48235 area. While nearly 61.81% of residents own their homes outright in 48235, 42.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48235 is $3,133 per month. Households that rent pay about 32.63% of their income on rent here. 48235's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48221, MI: higher priced homes
- 48227, MI: equally priced homes
- 48237, MI: higher priced homes
- 48219, MI: equally priced homes
- 48075, MI: higher priced homes
- 48223, MI: equally priced homes
- 48238, MI: less expensive homes
- 48220, MI: higher priced homes
- 48069, MI: higher priced homes
- 48070, MI: higher priced homes
Zip Codes with Similar Populations
- 30606, GA: higher priced homes
- 44212, OH: higher priced homes
- 39402, MS: higher priced homes
- 36830, AL: higher priced homes
- 36116, AL: higher priced homes
- 34761, FL: higher priced homes
- 34135, FL: higher priced homes
- 33610, FL: higher priced homes
- 33579, FL: higher priced homes
- 33016, FL: higher priced homes
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