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These days, finding an affordable place to live in the 48322 area can be challenging. Home prices in 48322 are now at a median cost of $406,488, higher than the Michigan average of $250,415.
The average cost of rent is $1,933/mo in 48322, primarily driven by the current value of real estate in the 48322 area. In 48322, 22.62% of households rent, and 39.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48322 is $10,212 per month. Households that rent pay about 18.93% of their income on rent here. 48322’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 48323, MI: higher priced homes
- 48331, MI: equally priced homes
- 48334, MI: less expensive homes
- 48324, MI: higher priced homes
- 48390, MI: less expensive homes
- 48377, MI: less expensive homes
- 48320, MI: less expensive homes
- 48301, MI: higher priced homes
- 48335, MI: equally priced homes
- 48302, MI: higher priced homes
Zip Codes with Similar Populations
- 10956, NY: higher priced homes
- 77327, TX: less expensive homes
- 92405, CA: equally priced homes
- 75229, TX: higher priced homes
- 76903, TX: less expensive homes
- 77047, TX: less expensive homes
- 79107, TX: less expensive homes
- 80122, CO: higher priced homes
- 80910, CO: less expensive homes
- 87505, NM: higher priced homes
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