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These days, finding an affordable place to live in the 48346 area can be challenging. Home prices in 48346 are now at a median cost of $243,960, higher than the Michigan average of $196,062.
The average cost of rent is $1,299/mo in 48346, primarily driven by the current value of real estate in the 48346 area. While nearly 34.98% of residents own their homes outright in 48346, 34.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48346 is $7,067 per month. Households that rent pay about 18.37% of their income on rent here. 48346's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48329, MI: less expensive homes
- 48348, MI: higher priced homes
- 48327, MI: less expensive homes
- 48328, MI: less expensive homes
- 48359, MI: higher priced homes
- 48350, MI: higher priced homes
- 48340, MI: less expensive homes
- 48386, MI: higher priced homes
- 48360, MI: higher priced homes
- 48341, MI: less expensive homes
Zip Codes with Similar Populations
- 02134, MA: higher priced homes
- 08109, NJ: less expensive homes
- 14227, NY: less expensive homes
- 14617, NY: less expensive homes
- 15205, PA: less expensive homes
- 15216, PA: less expensive homes
- 17356, PA: less expensive homes
- 17406, PA: less expensive homes
- 28613, NC: less expensive homes
- 29020, SC: less expensive homes
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