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These days, finding an affordable place to live in the 48239 area can be challenging. Home prices in 48239 are now at a median cost of $160,709, lower than the Michigan average of $250,415.
The average cost of rent is $1,332/mo in 48239, primarily driven by the current value of real estate in the 48239 area. In 48239, 21.10% of households rent, and 33.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48239 is $6,516 per month. Households that rent pay about 20.44% of their income on rent here. 48239’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 48223, MI: less expensive homes
- 48127, MI: higher priced homes
- 48240, MI: less expensive homes
- 48128, MI: higher priced homes
- 48228, MI: less expensive homes
- 48219, MI: less expensive homes
- 48150, MI: higher priced homes
- 48135, MI: equally priced homes
- 48154, MI: higher priced homes
- 48227, MI: less expensive homes
Zip Codes with Similar Populations
- 06611, CT: higher priced homes
- 11231, NY: higher priced homes
- 15068, PA: equally priced homes
- 19083, PA: higher priced homes
- 20155, VA: higher priced homes
- 21230, MD: higher priced homes
- 23228, VA: higher priced homes
- 27893, NC: less expensive homes
- 45373, OH: higher priced homes
- 95667, CA: higher priced homes
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