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These days, finding an affordable place to live in the 48625 area can be challenging. Home prices in 48625 are now at a median cost of $126,040, lower than the Michigan average of $250,415.
The average cost of rent is $708/mo in 48625, primarily driven by the current value of real estate in the 48625 area. In 48625, 9.78% of households rent, and 54.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48625 is $3,628 per month. Households that rent pay about 19.52% of their income on rent here. 48625’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48633, MI: equally priced homes
- 48624, MI: higher priced homes
- 49665, MI: higher priced homes
- 49655, MI: higher priced homes
- 49688, MI: higher priced homes
- 48610, MI: higher priced homes
- 48613, MI: higher priced homes
- 48659, MI: higher priced homes
- 48658, MI: equally priced homes
- 49656, MI: equally priced homes
Zip Codes with Similar Populations
- 78257, TX: higher priced homes
- 30204, GA: higher priced homes
- 30650, GA: higher priced homes
- 32220, FL: higher priced homes
- 32439, FL: higher priced homes
- 32696, FL: higher priced homes
- 33765, FL: higher priced homes
- 33868, FL: higher priced homes
- 35208, AL: less expensive homes
- 35951, AL: higher priced homes
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