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These days, finding an affordable place to live in the 48356 area can be challenging. Home prices in 48356 are now at a median cost of $273,949, higher than the Michigan average of $196,062.
The average cost of rent is $1,134/mo in 48356, primarily driven by the current value of real estate in the 48356 area. While nearly 25.21% of residents own their homes outright in 48356, 8.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48356 is $7,865 per month. Households that rent pay about 14.42% of their income on rent here. 48356's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48357, MI: less expensive homes
- 48383, MI: less expensive homes
- 48386, MI: equally priced homes
- 48350, MI: equally priced homes
- 48381, MI: higher priced homes
- 48353, MI: less expensive homes
- 48380, MI: higher priced homes
- 48382, MI: higher priced homes
- 48442, MI: less expensive homes
- 48327, MI: less expensive homes
Zip Codes with Similar Populations
- 80913, CO: higher priced homes
- 11963, NY: higher priced homes
- 14482, NY: less expensive homes
- 15131, PA: less expensive homes
- 15204, PA: less expensive homes
- 27828, NC: less expensive homes
- 75861, TX: less expensive homes
- 79382, TX: less expensive homes
- 80435, CO: higher priced homes
- 02881, RI: higher priced homes
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