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These days, finding an affordable place to live in the 48614 area can be challenging. Home prices in 48614 are now at a median cost of $126,377, lower than the Michigan average of $196,062.
The average cost of rent is $819/mo in 48614, primarily driven by the current value of real estate in the 48614 area. While nearly 45.99% of residents own their homes outright in 48614, 8.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48614 is $4,910 per month. Households that rent pay about 16.67% of their income on rent here. 48614's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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