Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48314 area can be challenging. Home prices in 48314 are now at a median cost of $256,245, higher than the Michigan average of $196,062.
The average cost of rent is $1,781/mo in 48314, primarily driven by the current value of real estate in the 48314 area. While nearly 42.23% of residents own their homes outright in 48314, 16.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48314 is $6,856 per month. Households that rent pay about 25.98% of their income on rent here. 48314's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48317, MI: less expensive homes
- 48313, MI: less expensive homes
- 48085, MI: higher priced homes
- 48310, MI: less expensive homes
- 48312, MI: less expensive homes
- 48083, MI: equally priced homes
- 48315, MI: equally priced homes
- 48307, MI: equally priced homes
- 48316, MI: higher priced homes
- 48038, MI: less expensive homes
Zip Codes with Similar Populations
- 83338, ID: less expensive homes
- 49014, MI: less expensive homes
- 55076, MN: equally priced homes
- 70043, LA: less expensive homes
- 73130, OK: less expensive homes
- 73135, OK: less expensive homes
- 74021, OK: less expensive homes
- 75146, TX: less expensive homes
- 78566, TX: less expensive homes
- 78735, TX: higher priced homes
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