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These days, finding an affordable place to live in the 48465 area can be challenging. Home prices in 48465 are now at a median cost of $208,185, lower than the Michigan average of $250,415.
The average cost of rent is $682/mo in 48465, primarily driven by the current value of real estate in the 48465 area. In 48465, 14.37% of households rent, and 60.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48465 is $5,064 per month. Households that rent pay about 13.47% of their income on rent here. 48465’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 48456, MI: less expensive homes
- 48434, MI: equally priced homes
- 48427, MI: less expensive homes
- 48470, MI: less expensive homes
- 48410, MI: less expensive homes
- 48475, MI: less expensive homes
- 48472, MI: less expensive homes
- 48426, MI: less expensive homes
- 48726, MI: less expensive homes
- 48754, MI: less expensive homes
Zip Codes with Similar Populations
- 40077, KY: higher priced homes
- 47335, IN: less expensive homes
- 47017, IN: higher priced homes
- 45062, OH: equally priced homes
- 44815, OH: less expensive homes
- 43157, OH: higher priced homes
- 42541, KY: less expensive homes
- 41746, KY: less expensive homes
- 41360, KY: less expensive homes
- 40914, KY: less expensive homes
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