Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48414 area can be challenging. Home prices in 48414 are now at a median cost of $157,311, lower than the Michigan average of $196,062.
The average cost of rent is $834/mo in 48414, primarily driven by the current value of real estate in the 48414 area. While nearly 40.68% of residents own their homes outright in 48414, 9.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48414 is $5,676 per month. Households that rent pay about 14.69% of their income on rent here. 48414's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48857, MI: less expensive homes
- 48429, MI: less expensive homes
- 48476, MI: less expensive homes
- 48418, MI: higher priced homes
- 48872, MI: higher priced homes
- 48817, MI: less expensive homes
- 48867, MI: less expensive homes
- 48816, MI: higher priced homes
- 48436, MI: higher priced homes
- 48449, MI: equally priced homes
Zip Codes with Similar Populations
- 43554, OH: less expensive homes
- 99148, WA: higher priced homes
- 96772, HI: higher priced homes
- 93285, CA: less expensive homes
- 87321, NM: less expensive homes
- 85173, AZ: less expensive homes
- 78597, TX: higher priced homes
- 77482, TX: equally priced homes
- 44046, OH: higher priced homes
- 12207, NY: less expensive homes
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