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These days, finding an affordable place to live in the 48327 area can be challenging. Home prices in 48327 are now at a median cost of $209,144, higher than the Michigan average of $196,062.
The average cost of rent is $1,142/mo in 48327, primarily driven by the current value of real estate in the 48327 area. While nearly 24.42% of residents own their homes outright in 48327, 22.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48327 is $6,127 per month. Households that rent pay about 18.64% of their income on rent here. 48327's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48328, MI: less expensive homes
- 48386, MI: higher priced homes
- 48324, MI: higher priced homes
- 48329, MI: equally priced homes
- 48320, MI: higher priced homes
- 48323, MI: higher priced homes
- 48346, MI: higher priced homes
- 48382, MI: higher priced homes
- 48341, MI: less expensive homes
- 48340, MI: less expensive homes
Zip Codes with Similar Populations
- 36265, AL: less expensive homes
- 31906, GA: less expensive homes
- 29566, SC: equally priced homes
- 27712, NC: higher priced homes
- 27312, NC: higher priced homes
- 27203, NC: less expensive homes
- 19007, PA: equally priced homes
- 66208, KS: higher priced homes
- 65738, MO: less expensive homes
- 45212, OH: less expensive homes
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