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These days, finding an affordable place to live in the 48471 area can be challenging. Home prices in 48471 are now at a median cost of $113,457, lower than the Michigan average of $196,062.
The average cost of rent is $735/mo in 48471, primarily driven by the current value of real estate in the 48471 area. While nearly 47.75% of residents own their homes outright in 48471, 32.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48471 is $4,506 per month. Households that rent pay about 16.31% of their income on rent here. 48471's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48472, MI: equally priced homes
- 48419, MI: higher priced homes
- 48427, MI: less expensive homes
- 48410, MI: equally priced homes
- 48401, MI: higher priced homes
- 48453, MI: equally priced homes
- 48426, MI: higher priced homes
- 48469, MI: higher priced homes
- 48741, MI: equally priced homes
- 48729, MI: equally priced homes
Zip Codes with Similar Populations
- 21776, MD: higher priced homes
- 78619, TX: higher priced homes
- 78593, TX: less expensive homes
- 77963, TX: higher priced homes
- 24224, VA: less expensive homes
- 23181, VA: higher priced homes
- 23103, VA: higher priced homes
- 23063, VA: higher priced homes
- 22656, VA: higher priced homes
- 22520, VA: higher priced homes
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