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These days, finding an affordable place to live in the 48357 area can be challenging. Home prices in 48357 are now at a median cost of $235,442, higher than the Michigan average of $196,062.
The average cost of rent is $1,199/mo in 48357, primarily driven by the current value of real estate in the 48357 area. While nearly 47.28% of residents own their homes outright in 48357, 10.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48357 is $7,182 per month. Households that rent pay about 16.69% of their income on rent here. 48357's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48356, MI: higher priced homes
- 48353, MI: equally priced homes
- 48380, MI: higher priced homes
- 48383, MI: less expensive homes
- 48381, MI: higher priced homes
- 48382, MI: higher priced homes
- 48386, MI: higher priced homes
- 48114, MI: higher priced homes
- 48350, MI: higher priced homes
- 48393, MI: equally priced homes
Zip Codes with Similar Populations
- 84060, UT: higher priced homes
- 13036, NY: less expensive homes
- 14472, NY: equally priced homes
- 14905, NY: less expensive homes
- 15074, PA: less expensive homes
- 15690, PA: less expensive homes
- 15931, PA: less expensive homes
- 95954, CA: less expensive homes
- 93546, CA: higher priced homes
- 91020, CA: higher priced homes
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