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These days, finding an affordable place to live in the 48334 area can be challenging. Home prices in 48334 are now at a median cost of $334,681, higher than the Michigan average of $250,415.
The average cost of rent is $1,678/mo in 48334, primarily driven by the current value of real estate in the 48334 area. In 48334, 37.75% of households rent, and 35.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48334 is $9,861 per month. Households that rent pay about 17.01% of their income on rent here. 48334’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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
- 48331, MI: higher priced homes
- 48322, MI: higher priced homes
- 48336, MI: less expensive homes
- 48034, MI: less expensive homes
- 48335, MI: higher priced homes
- 48033, MI: less expensive homes
- 48323, MI: higher priced homes
- 48301, MI: higher priced homes
- 48025, MI: higher priced homes
- 48152, MI: equally priced homes
Zip Codes with Similar Populations
- 04062, ME: higher priced homes
- 08837, NJ: higher priced homes
- 46013, IN: less expensive homes
- 60436, IL: less expensive homes
- 55441, MN: higher priced homes
- 54656, WI: less expensive homes
- 53094, WI: less expensive homes
- 53024, WI: higher priced homes
- 50325, IA: higher priced homes
- 49783, MI: less expensive homes
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