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These days, finding an affordable place to live in the 48383 area can be challenging. Home prices in 48383 are now at a median cost of $201,293, higher than the Michigan average of $196,062.
The average cost of rent is $1,157/mo in 48383, primarily driven by the current value of real estate in the 48383 area. While nearly 48.65% of residents own their homes outright in 48383, 9.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48383 is $7,360 per month. Households that rent pay about 15.72% of their income on rent here. 48383's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48356, MI: higher priced homes
- 48386, MI: higher priced homes
- 48382, MI: higher priced homes
- 48357, MI: higher priced homes
- 48350, MI: higher priced homes
- 48381, MI: higher priced homes
- 48327, MI: equally priced homes
- 48329, MI: equally priced homes
- 48380, MI: higher priced homes
- 48324, MI: higher priced homes
Zip Codes with Similar Populations
- 53717, WI: higher priced homes
- 72012, AR: less expensive homes
- 70811, LA: less expensive homes
- 70452, LA: less expensive homes
- 70422, LA: less expensive homes
- 68133, NE: higher priced homes
- 65560, MO: less expensive homes
- 60633, IL: less expensive homes
- 60471, IL: equally priced homes
- 55445, MN: higher priced homes
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