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These days, finding an affordable place to live in the 48657 area can be challenging. Home prices in 48657 are now at a median cost of $150,791, lower than the Michigan average of $196,062.
The average cost of rent is $849/mo in 48657, primarily driven by the current value of real estate in the 48657 area. While nearly 42.74% of residents own their homes outright in 48657, 12.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48657 is $5,946 per month. Households that rent pay about 14.28% of their income on rent here. 48657's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 48620, MI: less expensive homes
- 48628, MI: less expensive homes
- 48640, MI: equally priced homes
- 48618, MI: less expensive homes
- 48642, MI: higher priced homes
- 48611, MI: equally priced homes
- 48883, MI: less expensive homes
- 48623, MI: higher priced homes
- 48634, MI: equally priced homes
- 48878, MI: less expensive homes
Zip Codes with Similar Populations
- 94939, CA: higher priced homes
- 13732, NY: equally priced homes
- 14011, NY: equally priced homes
- 15537, PA: higher priced homes
- 72370, AR: less expensive homes
- 75125, TX: equally priced homes
- 85012, AZ: higher priced homes
- 85194, AZ: higher priced homes
- 86011, AZ: higher priced homes
- 92352, CA: higher priced homes
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