Affordable
Expensive
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These days, finding an affordable place to live in the 48301 area can be challenging. Home prices in 48301 are now at a median cost of $658,836, higher than the Michigan average of $196,062.
The average cost of rent is $2,464/mo in 48301, primarily driven by the current value of real estate in the 48301 area. While nearly 37.10% of residents own their homes outright in 48301, 8.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48301 is $14,447 per month. Households that rent pay about 17.06% of their income on rent here. 48301's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48025, MI: less expensive homes
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Zip Codes with Similar Populations
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- 20124, VA: equally priced homes
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