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These days, finding an affordable place to live in the 48324 area can be challenging. Home prices in 48324 are now at a median cost of $494,730, higher than the Michigan average of $196,062.
The average cost of rent is $1,398/mo in 48324, primarily driven by the current value of real estate in the 48324 area. While nearly 32.37% of residents own their homes outright in 48324, 7.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48324 is $11,713 per month. Households that rent pay about 11.93% of their income on rent here. 48324's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48323, MI: less expensive homes
- 48327, MI: less expensive homes
- 48320, MI: less expensive homes
- 48328, MI: less expensive homes
- 48322, MI: less expensive homes
- 48386, MI: less expensive homes
- 48382, MI: less expensive homes
- 48390, MI: less expensive homes
- 48341, MI: less expensive homes
- 48302, MI: higher priced homes
Zip Codes with Similar Populations
- 53718, WI: less expensive homes
- 37748, TN: less expensive homes
- 38804, MS: less expensive homes
- 96766, HI: higher priced homes
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- 92270, CA: higher priced homes
- 44833, OH: less expensive homes
- 46011, IN: less expensive homes
- 00907, PR: less expensive homes
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