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These days, finding an affordable place to live in the 48473 area can be challenging. Home prices in 48473 are now at a median cost of $204,277, lower than the Michigan average of $250,415.
The average cost of rent is $1,205/mo in 48473, primarily driven by the current value of real estate in the 48473 area. In 48473, 15.88% of households rent, and 35.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48473 is $6,224 per month. Households that rent pay about 19.35% of their income on rent here. 48473’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern 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
- 48554, MI: less expensive homes
- 48532, MI: less expensive homes
- 48436, MI: higher priced homes
- 48507, MI: less expensive homes
- 48449, MI: less expensive homes
- 48529, MI: less expensive homes
- 48503, MI: less expensive homes
- 48504, MI: less expensive homes
- 48502, MI: less expensive homes
- 48433, MI: higher priced homes
Zip Codes with Similar Populations
- 75602, TX: less expensive homes
- 02910, RI: higher priced homes
- 48182, MI: higher priced homes
- 48327, MI: higher priced homes
- 49037, MI: less expensive homes
- 52317, IA: higher priced homes
- 57110, SD: higher priced homes
- 60466, IL: less expensive homes
- 63139, MO: equally priced homes
- 64131, MO: equally priced homes
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