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These days, finding an affordable place to live in the 48430 area can be challenging. Home prices in 48430 are now at a median cost of $273,310, higher than the Michigan average of $196,062.
The average cost of rent is $1,222/mo in 48430, primarily driven by the current value of real estate in the 48430 area. While nearly 32.71% of residents own their homes outright in 48430, 17.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48430 is $7,507 per month. Households that rent pay about 16.28% of their income on rent here. 48430's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48451, MI: less expensive homes
- 48442, MI: less expensive homes
- 48436, MI: less expensive homes
- 48353, MI: less expensive homes
- 48357, MI: less expensive homes
- 48356, MI: equally priced homes
- 48350, MI: equally priced homes
- 48816, MI: equally priced homes
- 48418, MI: less expensive homes
- 48855, MI: equally priced homes
Zip Codes with Similar Populations
- 02139, MA: higher priced homes
- 07712, NJ: higher priced homes
- 11378, NY: higher priced homes
- 21045, MD: higher priced homes
- 28562, NC: less expensive homes
- 48706, MI: less expensive homes
- 40229, KY: less expensive homes
- 53204, WI: less expensive homes
- 60090, IL: less expensive homes
- 60611, IL: higher priced homes
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