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These days, finding an affordable place to live in the 48434 area can be challenging. Home prices in 48434 are now at a median cost of $219,400, lower than the Michigan average of $250,415.
The average cost of rent is $585/mo in 48434, primarily driven by the current value of real estate in the 48434 area. In 48434, 18.03% of households rent, and 62.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48434 is $4,646 per month. Households that rent pay about 12.59% of their income on rent here. 48434’s most expensive areas are in the central 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
- 48465, MI: equally priced homes
- 48456, MI: less expensive homes
- 48470, MI: less expensive homes
- 48427, MI: less expensive homes
- 48475, MI: less expensive homes
- 48410, MI: less expensive homes
- 48472, MI: less expensive homes
- 48426, MI: less expensive homes
- 48726, MI: less expensive homes
- 48754, MI: less expensive homes
Zip Codes with Similar Populations
- 62070, IL: less expensive homes
- 75779, TX: equally priced homes
- 74747, OK: less expensive homes
- 64781, MO: less expensive homes
- 64745, MO: less expensive homes
- 64066, MO: less expensive homes
- 63880, MO: less expensive homes
- 63847, MO: less expensive homes
- 63535, MO: less expensive homes
- 75934, TX: less expensive homes
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