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These days, finding an affordable place to live in the 48624 area can be challenging. Home prices in 48624 are now at a median cost of $131,045, lower than the Michigan average of $196,062.
The average cost of rent is $658/mo in 48624, primarily driven by the current value of real estate in the 48624 area. While nearly 47.98% of residents own their homes outright in 48624, 10.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48624 is $4,110 per month. Households that rent pay about 16.02% of their income on rent here. 48624's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 48625, MI: less expensive homes
- 48613, MI: higher priced homes
- 48610, MI: less expensive homes
- 48659, MI: less expensive homes
- 48633, MI: less expensive homes
- 48658, MI: less expensive homes
- 48749, MI: less expensive homes
- 48766, MI: less expensive homes
- 49665, MI: less expensive homes
- 48765, MI: less expensive homes
Zip Codes with Similar Populations
- 02767, MA: higher priced homes
- 06716, CT: higher priced homes
- 19462, PA: higher priced homes
- 15219, PA: higher priced homes
- 71753, AR: higher priced homes
- 75057, TX: equally priced homes
- 65473, MO: higher priced homes
- 63126, MO: higher priced homes
- 55374, MN: higher priced homes
- 48225, MI: less expensive homes
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