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These days, finding an affordable place to live in the 48468 area can be challenging. Home prices in 48468 are now at a median cost of $121,656, lower than the Michigan average of $196,062.
The average cost of rent is $665/mo in 48468, primarily driven by the current value of real estate in the 48468 area. While nearly 57.91% of residents own their homes outright in 48468, 8.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48468 is $4,296 per month. Households that rent pay about 15.47% of their income on rent here. 48468's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 48441, MI: higher priced homes
- 48432, MI: equally priced homes
- 48445, MI: equally priced homes
- 48467, MI: equally priced homes
- 48413, MI: equally priced homes
- 48731, MI: less expensive homes
- 48725, MI: higher priced homes
- 48755, MI: higher priced homes
- 48720, MI: less expensive homes
- 48703, MI: equally priced homes
Zip Codes with Similar Populations
- 03268, NH: higher priced homes
- 41640, KY: less expensive homes
- 75420, TX: equally priced homes
- 80926, CO: higher priced homes
- 80928, CO: higher priced homes
- 81215, CO: higher priced homes
- 22740, VA: higher priced homes
- 17229, PA: higher priced homes
- 16444, PA: higher priced homes
- 14803, NY: less expensive homes
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