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These days, finding an affordable place to live in the 48722 area can be challenging. Home prices in 48722 are now at a median cost of $101,239, lower than the Michigan average of $196,062.
The average cost of rent is $770/mo in 48722, primarily driven by the current value of real estate in the 48722 area. While nearly 47.70% of residents own their homes outright in 48722, 12.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48722 is $4,825 per month. Households that rent pay about 15.95% of their income on rent here. 48722's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48601, MI: less expensive homes
- 48734, MI: higher priced homes
- 48415, MI: higher priced homes
- 48607, MI: less expensive homes
- 48602, MI: less expensive homes
- 48417, MI: higher priced homes
- 48724, MI: less expensive homes
- 48638, MI: higher priced homes
- 48604, MI: equally priced homes
- 48603, MI: higher priced homes
Zip Codes with Similar Populations
- 13167, NY: higher priced homes
- 14062, NY: equally priced homes
- 15610, PA: higher priced homes
- 15901, PA: less expensive homes
- 17304, PA: higher priced homes
- 85263, AZ: higher priced homes
- 28456, NC: higher priced homes
- 76932, TX: higher priced homes
- 58545, ND: higher priced homes
- 59873, MT: higher priced homes
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