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These days, finding an affordable place to live in the 48457 area can be challenging. Home prices in 48457 are now at a median cost of $126,906, lower than the Michigan average of $196,062.
The average cost of rent is $799/mo in 48457, primarily driven by the current value of real estate in the 48457 area. While nearly 43.96% of residents own their homes outright in 48457, 14.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48457 is $4,903 per month. Households that rent pay about 16.30% of their income on rent here. 48457's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48417, MI: higher priced homes
- 48460, MI: higher priced homes
- 48415, MI: higher priced homes
- 48433, MI: higher priced homes
- 48420, MI: equally priced homes
- 48458, MI: less expensive homes
- 48616, MI: equally priced homes
- 48504, MI: less expensive homes
- 48505, MI: less expensive homes
- 48532, MI: less expensive homes
Zip Codes with Similar Populations
- 17547, PA: higher priced homes
- 12159, NY: higher priced homes
- 12198, NY: higher priced homes
- 97882, OR: higher priced homes
- 13365, NY: less expensive homes
- 97205, OR: higher priced homes
- 96712, HI: higher priced homes
- 95018, CA: higher priced homes
- 93625, CA: higher priced homes
- 90401, CA: higher priced homes
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