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These days, finding an affordable place to live in the 48532 area can be challenging. Home prices in 48532 are now at a median cost of $110,144, lower than the Michigan average of $196,062.
The average cost of rent is $1,001/mo in 48532, primarily driven by the current value of real estate in the 48532 area. While nearly 38.05% of residents own their homes outright in 48532, 45.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48532 is $4,455 per month. Households that rent pay about 22.47% of their income on rent here. 48532's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48554, MI: equally priced homes
- 48504, MI: less expensive homes
- 48503, MI: less expensive homes
- 48502, MI: less expensive homes
- 48507, MI: less expensive homes
- 48473, MI: higher priced homes
- 48505, MI: less expensive homes
- 48433, MI: higher priced homes
- 48529, MI: less expensive homes
- 48506, MI: less expensive homes
Zip Codes with Similar Populations
- 66204, KS: higher priced homes
- 44223, OH: higher priced homes
- 45505, OH: less expensive homes
- 47172, IN: higher priced homes
- 48458, MI: less expensive homes
- 48854, MI: higher priced homes
- 49058, MI: higher priced homes
- 53089, WI: higher priced homes
- 53149, WI: higher priced homes
- 55331, MN: higher priced homes
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