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These days, finding an affordable place to live in the 48236 area can be challenging. Home prices in 48236 are now at a median cost of $406,973, higher than the Michigan average of $250,415.
The average cost of rent is $1,983/mo in 48236, primarily driven by the current value of real estate in the 48236 area. In 48236, 9.10% of households rent, and 38.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48236 is $12,346 per month. Households that rent pay about 16.06% of their income on rent here. 48236’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 48225, MI: less expensive homes
- 48224, MI: less expensive homes
- 48080, MI: less expensive homes
- 48230, MI: higher priced homes
- 48021, MI: less expensive homes
- 48205, MI: less expensive homes
- 48215, MI: less expensive homes
- 48081, MI: less expensive homes
- 48213, MI: less expensive homes
- 48066, MI: less expensive homes
Zip Codes with Similar Populations
- 21237, MD: less expensive homes
- 84128, UT: equally priced homes
- 44805, OH: less expensive homes
- 46201, IN: less expensive homes
- 50158, IA: less expensive homes
- 55068, MN: equally priced homes
- 63146, MO: less expensive homes
- 68701, NE: less expensive homes
- 71107, LA: less expensive homes
- 74464, OK: less expensive homes
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