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These days, finding an affordable place to live in the 48654 area can be challenging. Home prices in 48654 are now at a median cost of $151,820, lower than the Michigan average of $250,415.
The average cost of rent is $758/mo in 48654, primarily driven by the current value of real estate in the 48654 area. In 48654, 17.13% of households rent, and 56.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48654 is $3,865 per month. Households that rent pay about 19.62% of their income on rent here. 48654’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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
- 48635, MI: higher priced homes
- 48743, MI: higher priced homes
- 48761, MI: less expensive homes
- 48739, MI: equally priced homes
- 48656, MI: less expensive homes
- 48737, MI: less expensive homes
- 48748, MI: higher priced homes
- 48653, MI: higher priced homes
- 48627, MI: higher priced homes
- 48629, MI: equally priced homes
Zip Codes with Similar Populations
- 06039, CT: higher priced homes
- 50658, IA: equally priced homes
- 74941, OK: less expensive homes
- 74964, OK: less expensive homes
- 75163, TX: higher priced homes
- 79095, TX: less expensive homes
- 79843, TX: higher priced homes
- 29546, SC: less expensive homes
- 81223, CO: higher priced homes
- 24593, VA: higher priced homes
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