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Expensive
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These days, finding an affordable place to live in the 48359 area can be challenging. Home prices in 48359 are now at a median cost of $278,691, higher than the Michigan average of $196,062.
The average cost of rent is $1,527/mo in 48359, primarily driven by the current value of real estate in the 48359 area. While nearly 21.23% of residents own their homes outright in 48359, 31.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48359 is $7,885 per month. Households that rent pay about 19.36% of their income on rent here. 48359's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48360, MI: higher priced homes
- 48340, MI: less expensive homes
- 48362, MI: equally priced homes
- 48326, MI: less expensive homes
- 48342, MI: less expensive homes
- 48329, MI: less expensive homes
- 48306, MI: higher priced homes
- 48346, MI: less expensive homes
- 48348, MI: higher priced homes
- 48309, MI: higher priced homes
Zip Codes with Similar Populations
- 81122, CO: higher priced homes
- 19118, PA: higher priced homes
- 21713, MD: equally priced homes
- 27052, NC: less expensive homes
- 41144, KY: less expensive homes
- 78003, TX: less expensive homes
- 78112, TX: less expensive homes
- 78733, TX: higher priced homes
- 79070, TX: less expensive homes
- 79766, TX: less expensive homes
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