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These days, finding an affordable place to live in the 48435 area can be challenging. Home prices in 48435 are now at a median cost of $123,849, lower than the Michigan average of $196,062.
The average cost of rent is $1,187/mo in 48435, primarily driven by the current value of real estate in the 48435 area. While nearly 41.59% of residents own their homes outright in 48435, 12.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48435 is $5,957 per month. Households that rent pay about 19.93% of their income on rent here. 48435's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48464, MI: higher priced homes
- 48421, MI: higher priced homes
- 48744, MI: equally priced homes
- 48461, MI: higher priced homes
- 48760, MI: equally priced homes
- 48746, MI: higher priced homes
- 48463, MI: higher priced homes
- 48727, MI: equally priced homes
- 48768, MI: less expensive homes
- 48437, MI: equally priced homes
Zip Codes with Similar Populations
- 67543, KS: less expensive homes
- 35984, AL: equally priced homes
- 38240, TN: less expensive homes
- 38846, MS: less expensive homes
- 39346, MS: less expensive homes
- 47145, IN: equally priced homes
- 49753, MI: equally priced homes
- 51028, IA: higher priced homes
- 52623, IA: higher priced homes
- 53091, WI: higher priced homes
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