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These days, finding an affordable place to live in the 48467 area can be challenging. Home prices in 48467 are now at a median cost of $128,489, lower than the Michigan average of $196,062.
The average cost of rent is $621/mo in 48467, primarily driven by the current value of real estate in the 48467 area. While nearly 62.99% of residents own their homes outright in 48467, 16.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48467 is $3,879 per month. Households that rent pay about 16.02% of their income on rent here. 48467's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48445, MI: equally priced homes
- 48725, MI: higher priced homes
- 48468, MI: equally priced homes
- 48703, MI: equally priced homes
- 48765, MI: less expensive homes
- 48766, MI: less expensive homes
- 48749, MI: less expensive homes
- 48658, MI: less expensive homes
- 48659, MI: less expensive homes
- 48613, MI: higher priced homes
Zip Codes with Similar Populations
- 93222, CA: higher priced homes
- 15043, PA: higher priced homes
- 13685, NY: higher priced homes
- 49043, MI: less expensive homes
- 64402, MO: less expensive homes
- 62320, IL: equally priced homes
- 62080, IL: less expensive homes
- 55723, MN: higher priced homes
- 54770, WI: higher priced homes
- 53019, WI: higher priced homes
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