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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 $360,867, higher than the Michigan average of $196,062.
The average cost of rent is $2,017/mo in 48322, primarily driven by the current value of real estate in the 48322 area. While nearly 39.36% of residents own their homes outright in 48322, 32.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48322 is $8,342 per month. Households that rent pay about 24.17% of their income on rent here. 48322's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48323, MI: higher priced homes
- 48331, MI: less expensive homes
- 48334, MI: less expensive homes
- 48324, MI: higher priced homes
- 48390, MI: less expensive homes
- 48377, MI: equally priced 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: less expensive 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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