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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 $195,044, lower than the Michigan average of $250,415.
The average cost of rent is $1,020/mo in 48657, primarily driven by the current value of real estate in the 48657 area. In 48657, 11.86% of households rent, and 46.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48657 is $6,663 per month. Households that rent pay about 15.31% of their income on rent here. 48657’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 48620, MI: less expensive homes
- 48628, MI: equally priced 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: equally priced homes
- 72370, AR: less expensive homes
- 75125, TX: higher 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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