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These days, finding an affordable place to live in the 48393 area can be challenging. Home prices in 48393 are now at a median cost of $245,240, higher than the Michigan average of $196,062.
The average cost of rent is $846/mo in 48393, primarily driven by the current value of real estate in the 48393 area. While nearly 36.07% of residents own their homes outright in 48393, 22.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48393 is $7,897 per month. Households that rent pay about 10.71% of their income on rent here. 48393's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48390, MI: equally priced homes
- 48377, MI: higher priced homes
- 48381, MI: higher priced homes
- 48374, MI: higher priced homes
- 48382, MI: higher priced homes
- 48165, MI: higher priced homes
- 48375, MI: higher priced homes
- 48331, MI: higher priced homes
- 48167, MI: higher priced homes
- 48322, MI: higher priced homes
Zip Codes with Similar Populations
- 05701, VT: less expensive homes
- 07503, NJ: equally priced homes
- 08830, NJ: higher priced homes
- 10567, NY: higher priced homes
- 28043, NC: less expensive homes
- 19061, PA: less expensive homes
- 19090, PA: higher priced homes
- 64029, MO: less expensive homes
- 45638, OH: less expensive homes
- 61073, IL: less expensive homes
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