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Expensive
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These days, finding an affordable place to live in the 48363 area can be challenging. Home prices in 48363 are now at a median cost of $472,596, higher than the Michigan average of $196,062.
The average cost of rent is $1,594/mo in 48363, primarily driven by the current value of real estate in the 48363 area. While nearly 30.13% of residents own their homes outright in 48363, 1.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48363 is $12,486 per month. Households that rent pay about 12.76% of their income on rent here. 48363's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48306, MI: equally priced homes
- 48370, MI: less expensive homes
- 48362, MI: less expensive homes
- 48367, MI: less expensive homes
- 48360, MI: less expensive homes
- 48095, MI: less expensive homes
- 48359, MI: less expensive homes
- 48094, MI: less expensive homes
- 48371, MI: less expensive homes
- 48316, MI: less expensive homes
Zip Codes with Similar Populations
- 82834, WY: less expensive homes
- 26164, WV: less expensive homes
- 27018, NC: less expensive homes
- 28114, NC: less expensive homes
- 31554, GA: less expensive homes
- 32603, FL: less expensive homes
- 34242, FL: higher priced homes
- 37080, TN: less expensive homes
- 37146, TN: less expensive homes
- 37187, TN: less expensive homes
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