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These days, finding an affordable place to live in the 48429 area can be challenging. Home prices in 48429 are now at a median cost of $117,388, lower than the Michigan average of $196,062.
The average cost of rent is $739/mo in 48429, primarily driven by the current value of real estate in the 48429 area. While nearly 36.16% of residents own their homes outright in 48429, 21.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48429 is $4,682 per month. Households that rent pay about 15.78% of their income on rent here. 48429's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48476, MI: less expensive homes
- 48414, MI: higher priced homes
- 48449, MI: higher priced homes
- 48436, MI: higher priced homes
- 48418, MI: higher priced homes
- 48817, MI: equally priced homes
- 48473, MI: higher priced homes
- 48857, MI: higher priced homes
- 48554, MI: less expensive homes
- 48867, MI: higher priced homes
Zip Codes with Similar Populations
- 07849, NJ: higher priced homes
- 11024, NY: higher priced homes
- 78009, TX: higher priced homes
- 02025, MA: higher priced homes
- 10589, NY: higher priced homes
- 10579, NY: higher priced homes
- 10069, NY: higher priced homes
- 10007, NY: higher priced homes
- 71334, LA: higher priced homes
- 08090, NJ: higher priced homes
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