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These days, finding an affordable place to live in the 48323 area can be challenging. Home prices in 48323 are now at a median cost of $407,294, higher than the Michigan average of $196,062.
The average cost of rent is $2,196/mo in 48323, primarily driven by the current value of real estate in the 48323 area. While nearly 41.67% of residents own their homes outright in 48323, 10.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48323 is $12,068 per month. Households that rent pay about 18.20% of their income on rent here. 48323's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48322, MI: less expensive homes
- 48324, MI: higher priced homes
- 48320, MI: less expensive homes
- 48302, MI: higher priced homes
- 48331, MI: less expensive homes
- 48334, MI: less expensive homes
- 48301, MI: higher priced homes
- 48328, MI: less expensive homes
- 48327, MI: less expensive homes
- 48341, MI: less expensive homes
Zip Codes with Similar Populations
- 10805, NY: equally priced homes
- 83703, ID: less expensive homes
- 14760, NY: less expensive homes
- 11754, NY: higher priced homes
- 11575, NY: less expensive homes
- 11362, NY: higher priced homes
- 10538, NY: higher priced homes
- 04102, ME: less expensive homes
- 02865, RI: equally priced homes
- 02359, MA: higher priced homes
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