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These days, finding an affordable place to live in the 48413 area can be challenging. Home prices in 48413 are now at a median cost of $112,238, lower than the Michigan average of $196,062.
The average cost of rent is $688/mo in 48413, primarily driven by the current value of real estate in the 48413 area. While nearly 55.62% of residents own their homes outright in 48413, 27.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48413 is $4,049 per month. Households that rent pay about 16.99% of their income on rent here. 48413's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48432, MI: equally priced homes
- 48731, MI: less expensive homes
- 48445, MI: equally priced homes
- 48754, MI: equally priced homes
- 48470, MI: higher priced homes
- 48755, MI: higher priced homes
- 48468, MI: equally priced homes
- 48725, MI: higher priced homes
- 48441, MI: higher priced homes
- 48720, MI: less expensive homes
Zip Codes with Similar Populations
- 49727, MI: higher priced homes
- 78119, TX: equally priced homes
- 77864, TX: equally priced homes
- 74834, OK: higher priced homes
- 74036, OK: higher priced homes
- 72638, AR: higher priced homes
- 70090, LA: higher priced homes
- 56367, MN: higher priced homes
- 53050, WI: higher priced homes
- 53042, WI: higher priced homes
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