Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48304 area can be challenging. Home prices in 48304 are now at a median cost of $526,889, higher than the Michigan average of $196,062.
The average cost of rent is $1,867/mo in 48304, primarily driven by the current value of real estate in the 48304 area. While nearly 39.13% of residents own their homes outright in 48304, 7.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48304 is $12,701 per month. Households that rent pay about 14.70% of their income on rent here. 48304's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48098, MI: less expensive homes
- 48302, MI: higher priced homes
- 48009, MI: higher priced homes
- 48084, MI: less expensive homes
- 48301, MI: higher priced homes
- 48342, MI: less expensive homes
- 48341, MI: less expensive homes
- 48326, MI: less expensive homes
- 48025, MI: less expensive homes
- 48309, MI: less expensive homes
Zip Codes with Similar Populations
- 01913, MA: less expensive homes
- 16365, PA: less expensive homes
- 14052, NY: less expensive homes
- 12534, NY: less expensive homes
- 10603, NY: less expensive homes
- 08062, NJ: less expensive homes
- 02806, RI: equally priced homes
- 02746, MA: less expensive homes
- 98282, WA: less expensive homes
- 53575, WI: less expensive homes
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