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These days, finding an affordable place to live in the 48433 area can be challenging. Home prices in 48433 are now at a median cost of $156,864, lower than the Michigan average of $196,062.
The average cost of rent is $945/mo in 48433, primarily driven by the current value of real estate in the 48433 area. While nearly 35.76% of residents own their homes outright in 48433, 16.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48433 is $5,906 per month. Households that rent pay about 16.00% of their income on rent here. 48433's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48532, MI: less expensive homes
- 48504, MI: less expensive homes
- 48505, MI: less expensive homes
- 48554, MI: less expensive homes
- 48449, MI: equally priced homes
- 48458, MI: less expensive homes
- 48460, MI: equally priced homes
- 48457, MI: less expensive homes
- 48502, MI: less expensive homes
- 48473, MI: equally priced homes
Zip Codes with Similar Populations
- 11967, NY: higher priced homes
- 21114, MD: higher priced homes
- 80921, CO: higher priced homes
- 48150, MI: higher priced homes
- 48335, MI: higher priced homes
- 52405, IA: higher priced homes
- 53403, WI: equally priced homes
- 56308, MN: higher priced homes
- 60487, IL: higher priced homes
- 61614, IL: equally priced homes
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