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These days, finding an affordable place to live in the 48374 area can be challenging. Home prices in 48374 are now at a median cost of $525,971, higher than the Michigan average of $196,062.
The average cost of rent is $1,865/mo in 48374, primarily driven by the current value of real estate in the 48374 area. While nearly 30.73% of residents own their homes outright in 48374, 10.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48374 is $14,890 per month. Households that rent pay about 12.53% of their income on rent here. 48374's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48167, MI: less expensive homes
- 48375, MI: less expensive homes
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- 48168, MI: equally priced homes
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- 48390, MI: less expensive homes
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- 48335, MI: less expensive homes
- 48331, MI: less expensive homes
Zip Codes with Similar Populations
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- 40228, KY: less expensive homes
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