
Expensive
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These days, finding an affordable place to live in the 48421 area can be challenging. Home prices in 48421 are now at a median cost of $156,403, lower than the Michigan average of $196,062.
The average cost of rent is $1,082/mo in 48421, primarily driven by the current value of real estate in the 48421 area. While nearly 32.28% of residents own their homes outright in 48421, 6.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48421 is $5,416 per month. Households that rent pay about 19.97% of their income on rent here. 48421's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48464, MI: less expensive homes
- 48463, MI: equally priced homes
- 48435, MI: less expensive homes
- 48446, MI: equally priced homes
- 48461, MI: equally priced homes
- 48423, MI: equally priced homes
- 48746, MI: less expensive homes
- 48437, MI: less expensive homes
- 48412, MI: higher priced homes
- 48506, MI: less expensive homes
Zip Codes with Similar Populations
- 83861, ID: higher priced homes
- 96741, HI: higher priced homes
- 95046, CA: higher priced homes
- 95019, CA: higher priced homes
- 93737, CA: higher priced homes
- 93656, CA: higher priced homes
- 21632, MD: equally priced homes
- 21716, MD: higher priced homes
- 21727, MD: higher priced homes
- 93022, CA: higher priced homes
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