Affordable
Expensive
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These days, finding an affordable place to live in the 48423 area can be challenging. Home prices in 48423 are now at a median cost of $160,597, lower than the Michigan average of $196,062.
The average cost of rent is $777/mo in 48423, primarily driven by the current value of real estate in the 48423 area. While nearly 38.97% of residents own their homes outright in 48423, 31.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48423 is $5,410 per month. Households that rent pay about 14.37% of their income on rent here. 48423's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48509, MI: less expensive homes
- 48519, MI: less expensive homes
- 48506, MI: less expensive homes
- 48411, MI: higher priced homes
- 48437, MI: less expensive homes
- 48440, MI: higher priced homes
- 48502, MI: less expensive homes
- 48503, MI: less expensive homes
- 48529, MI: less expensive homes
- 48438, MI: higher priced homes
Zip Codes with Similar Populations
- 10036, NY: higher priced homes
- 19087, PA: higher priced homes
- 19132, PA: less expensive homes
- 22207, VA: higher priced homes
- 22309, VA: higher priced homes
- 23233, VA: higher priced homes
- 92373, CA: higher priced homes
- 55416, MN: higher priced homes
- 59701, MT: higher priced homes
- 60169, IL: higher priced homes
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