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These days, finding an affordable place to live in the 48335 area can be challenging. Home prices in 48335 are now at a median cost of $375,845, higher than the Michigan average of $250,415.
The average cost of rent is $1,519/mo in 48335, primarily driven by the current value of real estate in the 48335 area. In 48335, 56.66% of households rent, and 45.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48335 is $8,935 per month. Households that rent pay about 17.00% of their income on rent here. 48335’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern 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
- 48336, MI: less expensive homes
- 48375, MI: equally priced homes
- 48152, MI: less expensive homes
- 48331, MI: equally priced homes
- 48334, MI: less expensive homes
- 48154, MI: less expensive homes
- 48377, MI: less expensive homes
- 48167, MI: higher priced homes
- 48322, MI: equally priced homes
- 48240, MI: less expensive homes
Zip Codes with Similar Populations
- 20912, MD: higher priced homes
- 23703, VA: less expensive homes
- 27539, NC: higher priced homes
- 28012, NC: equally priced homes
- 78238, TX: less expensive homes
- 90240, CA: higher priced homes
- 68137, NE: less expensive homes
- 68803, NE: less expensive homes
- 70517, LA: less expensive homes
- 75180, TX: less expensive homes
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