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These days, finding an affordable place to live in the 48604 area can be challenging. Home prices in 48604 are now at a median cost of $101,350, lower than the Michigan average of $196,062.
The average cost of rent is $878/mo in 48604, primarily driven by the current value of real estate in the 48604 area. While nearly 52.16% of residents own their homes outright in 48604, 26.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48604 is $4,300 per month. Households that rent pay about 20.43% of their income on rent here. 48604's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 48724, MI: less expensive homes
- 48603, MI: higher priced homes
- 48607, MI: less expensive homes
- 48602, MI: less expensive homes
- 48638, MI: higher priced homes
- 48601, MI: less expensive homes
- 48708, MI: less expensive homes
- 48609, MI: higher priced homes
- 48623, MI: higher priced homes
- 48747, MI: higher priced homes
Zip Codes with Similar Populations
- 77701, TX: less expensive homes
- 29365, SC: higher priced homes
- 29626, SC: higher priced homes
- 33981, FL: higher priced homes
- 35773, AL: higher priced homes
- 37916, TN: higher priced homes
- 42211, KY: higher priced homes
- 46761, IN: higher priced homes
- 48166, MI: higher priced homes
- 52101, IA: higher priced homes
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