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These days, finding an affordable place to live in the 48350 area can be challenging. Home prices in 48350 are now at a median cost of $269,349, higher than the Michigan average of $196,062.
The average cost of rent is $1,646/mo in 48350, primarily driven by the current value of real estate in the 48350 area. While nearly 32.19% of residents own their homes outright in 48350, 10.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48350 is $8,471 per month. Households that rent pay about 19.43% of their income on rent here. 48350's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48442, MI: less expensive homes
- 48383, MI: less expensive homes
- 48356, MI: equally priced homes
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- 48348, MI: higher priced homes
- 48386, MI: equally priced homes
- 48329, MI: less expensive homes
- 48462, MI: equally priced homes
- 48357, MI: less expensive homes
- 48327, MI: less expensive homes
Zip Codes with Similar Populations
- 86429, AZ: equally priced homes
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- 32234, FL: less expensive homes
- 32440, FL: less expensive homes
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