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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 $172,809, lower than the Michigan average of $250,415.
The average cost of rent is $891/mo in 48429, primarily driven by the current value of real estate in the 48429 area. In 48429, 15.68% of households rent, and 42.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48429 is $5,633 per month. Households that rent pay about 15.82% of their income on rent here. 48429’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 48476, MI: less expensive homes
- 48414, MI: higher priced homes
- 48449, MI: equally priced homes
- 48436, MI: higher priced homes
- 48418, MI: higher priced homes
- 48817, MI: equally priced homes
- 48473, MI: higher priced homes
- 48857, MI: less expensive homes
- 48554, MI: equally priced homes
- 48867, MI: equally 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: less expensive homes
- 08090, NJ: higher priced homes
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