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These days, finding an affordable place to live in the 48460 area can be challenging. Home prices in 48460 are now at a median cost of $221,991, lower than the Michigan average of $250,415.
The average cost of rent is $756/mo in 48460, primarily driven by the current value of real estate in the 48460 area. In 48460, 16.66% of households rent, and 48.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48460 is $6,776 per month. Households that rent pay about 11.16% of their income on rent here. 48460’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 48457, MI: less expensive homes
- 48616, MI: less expensive homes
- 48433, MI: equally priced homes
- 48417, MI: less expensive homes
- 48649, MI: less expensive homes
- 48841, MI: less expensive homes
- 48532, MI: less expensive homes
- 48420, MI: less expensive homes
- 48415, MI: equally priced homes
- 48504, MI: less expensive homes
Zip Codes with Similar Populations
- 24248, VA: less expensive homes
- 20688, MD: higher priced homes
- 17582, PA: higher priced homes
- 06442, CT: higher priced homes
- 16627, PA: less expensive homes
- 13626, NY: less expensive homes
- 13699, NY: less expensive homes
- 14782, NY: less expensive homes
- 15067, PA: less expensive homes
- 16123, PA: higher priced homes
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