Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48617 area can be challenging. Home prices in 48617 are now at a median cost of $129,463, lower than the Michigan average of $196,062.
The average cost of rent is $740/mo in 48617, primarily driven by the current value of real estate in the 48617 area. While nearly 40.88% of residents own their homes outright in 48617, 23.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48617 is $4,660 per month. Households that rent pay about 15.88% of their income on rent here. 48617's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48622, MI: less expensive homes
- 48878, MI: equally priced homes
- 48618, MI: less expensive homes
- 48632, MI: less expensive homes
- 48633, MI: less expensive homes
- 48612, MI: equally priced homes
- 48620, MI: less expensive homes
- 48628, MI: equally priced homes
- 49679, MI: equally priced homes
- 49305, MI: less expensive homes
Zip Codes with Similar Populations
- 38558, TN: higher priced homes
- 45214, OH: less expensive homes
- 45176, OH: higher priced homes
- 44707, OH: less expensive homes
- 44047, OH: higher priced homes
- 44028, OH: higher priced homes
- 43604, OH: less expensive homes
- 43019, OH: higher priced homes
- 42748, KY: equally priced homes
- 42602, KY: less expensive homes
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