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These days, finding an affordable place to live in the 48453 area can be challenging. Home prices in 48453 are now at a median cost of $116,780, lower than the Michigan average of $196,062.
The average cost of rent is $730/mo in 48453, primarily driven by the current value of real estate in the 48453 area. While nearly 49.46% of residents own their homes outright in 48453, 30.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48453 is $3,845 per month. Households that rent pay about 18.97% of their income on rent here. 48453's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48727, MI: equally priced homes
- 48741, MI: equally priced homes
- 48416, MI: higher priced homes
- 48760, MI: equally priced homes
- 48471, MI: equally priced homes
- 48461, MI: higher priced homes
- 48466, MI: less expensive homes
- 48729, MI: equally priced homes
- 48744, MI: equally priced homes
- 48435, MI: equally priced homes
Zip Codes with Similar Populations
- 16056, PA: higher priced homes
- 84310, UT: higher priced homes
- 83676, ID: higher priced homes
- 83655, ID: higher priced homes
- 83628, ID: higher priced homes
- 82941, WY: higher priced homes
- 17520, PA: higher priced homes
- 17509, PA: higher priced homes
- 17066, PA: less expensive homes
- 16827, PA: higher priced homes
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