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These days, finding an affordable place to live in the 48445 area can be challenging. Home prices in 48445 are now at a median cost of $154,689, lower than the Michigan average of $250,415.
The average cost of rent is $752/mo in 48445, primarily driven by the current value of real estate in the 48445 area. In 48445, 11.59% of households rent, and 65.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48445 is $4,621 per month. Households that rent pay about 16.27% of their income on rent here. 48445’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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
- 48432, MI: equally priced homes
- 48467, MI: higher priced homes
- 48413, MI: equally priced homes
- 48731, MI: less expensive homes
- 48725, MI: higher priced homes
- 48468, MI: equally priced homes
- 48755, MI: higher priced homes
- 48441, MI: equally priced homes
- 48720, MI: equally priced homes
- 48703, MI: higher priced homes
Zip Codes with Similar Populations
- 85637, AZ: higher priced homes
- 38559, TN: higher priced homes
- 38685, MS: equally priced homes
- 38923, MS: equally priced homes
- 39366, MS: less expensive homes
- 61329, IL: less expensive homes
- 40075, KY: higher priced homes
- 95323, CA: higher priced homes
- 41776, KY: less expensive homes
- 42410, KY: less expensive homes
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