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These days, finding an affordable place to live in the 48432 area can be challenging. Home prices in 48432 are now at a median cost of $149,956, lower than the Michigan average of $250,415.
The average cost of rent is $851/mo in 48432, primarily driven by the current value of real estate in the 48432 area. In 48432, 10.68% of households rent, and 63.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48432 is $5,138 per month. Households that rent pay about 16.56% of their income on rent here. 48432’s most expensive areas are in the southeastern 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
- 48445, MI: equally priced homes
- 48413, MI: equally priced homes
- 48731, MI: less expensive homes
- 48468, MI: higher priced homes
- 48725, MI: higher priced homes
- 48755, MI: higher priced homes
- 48754, MI: equally priced homes
- 48441, MI: higher priced homes
- 48470, MI: higher priced homes
- 48720, MI: equally priced homes
Zip Codes with Similar Populations
- 68665, NE: less expensive homes
- 65732, MO: higher priced homes
- 66015, KS: equally priced homes
- 66528, KS: higher priced homes
- 66710, KS: less expensive homes
- 66868, KS: higher priced homes
- 67140, KS: less expensive homes
- 68044, NE: higher priced homes
- 68351, NE: less expensive homes
- 65034, MO: higher priced homes
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