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These days, finding an affordable place to live in the 48628 area can be challenging. Home prices in 48628 are now at a median cost of $136,908, lower than the Michigan average of $196,062.
The average cost of rent is $907/mo in 48628, primarily driven by the current value of real estate in the 48628 area. While nearly 46.88% of residents own their homes outright in 48628, 5.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48628 is $5,639 per month. Households that rent pay about 16.08% of their income on rent here. 48628's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48620, MI: less expensive homes
- 48657, MI: higher priced homes
- 48612, MI: equally priced homes
- 48652, MI: equally priced homes
- 48642, MI: higher priced homes
- 48618, MI: less expensive homes
- 48640, MI: higher priced homes
- 48634, MI: equally priced homes
- 48611, MI: equally priced homes
- 48650, MI: less expensive homes
Zip Codes with Similar Populations
- 04346, ME: equally priced homes
- 04911, ME: less expensive homes
- 14814, NY: higher priced homes
- 06254, CT: higher priced homes
- 07717, NJ: higher priced homes
- 07847, NJ: higher priced homes
- 08740, NJ: higher priced homes
- 12491, NY: higher priced homes
- 13112, NY: higher priced homes
- 58563, ND: higher priced homes
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