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These days, finding an affordable place to live in the 48428 area can be challenging. Home prices in 48428 are now at a median cost of $305,217, higher than the Michigan average of $250,415.
The average cost of rent is $1,238/mo in 48428, primarily driven by the current value of real estate in the 48428 area. In 48428, 7.22% of households rent, and 37.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48428 is $8,737 per month. Households that rent pay about 14.17% of their income on rent here. 48428’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48003, MI: equally priced homes
- 48367, MI: higher priced homes
- 48444, MI: less expensive homes
- 48412, MI: less expensive homes
- 48370, MI: higher priced homes
- 48455, MI: higher priced homes
- 48065, MI: higher priced homes
- 48371, MI: higher priced homes
- 48002, MI: equally priced homes
- 48014, MI: less expensive homes
Zip Codes with Similar Populations
- 01612, MA: higher priced homes
- 28135, NC: less expensive homes
- 55114, MN: equally priced homes
- 39150, MS: less expensive homes
- 42629, KY: less expensive homes
- 46118, IN: equally priced homes
- 47043, IN: less expensive homes
- 49304, MI: less expensive homes
- 53061, WI: less expensive homes
- 36049, AL: less expensive homes
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