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These days, finding an affordable place to live in the 48341 area can be challenging. Home prices in 48341 are now at a median cost of $101,259, lower than the Michigan average of $196,062.
The average cost of rent is $927/mo in 48341, primarily driven by the current value of real estate in the 48341 area. While nearly 40.74% of residents own their homes outright in 48341, 49.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48341 is $4,136 per month. Households that rent pay about 22.40% of their income on rent here. 48341's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48342, MI: less expensive homes
- 48320, MI: higher priced homes
- 48328, MI: higher priced homes
- 48340, MI: equally priced homes
- 48302, MI: higher priced homes
- 48326, MI: higher priced homes
- 48304, MI: higher priced homes
- 48324, MI: higher priced homes
- 48323, MI: higher priced homes
- 48327, MI: higher priced homes
Zip Codes with Similar Populations
- 98321, WA: higher priced homes
- 97038, OR: higher priced homes
- 60445, IL: higher priced homes
- 34117, FL: higher priced homes
- 35016, AL: higher priced homes
- 94702, CA: higher priced homes
- 35976, AL: higher priced homes
- 94618, CA: higher priced homes
- 82716, WY: higher priced homes
- 78252, TX: higher priced homes
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