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These days, finding an affordable place to live in the 48735 area can be challenging. Home prices in 48735 are now at a median cost of $137,861, lower than the Michigan average of $250,415.
The average cost of rent is $797/mo in 48735, primarily driven by the current value of real estate in the 48735 area. In 48735, 15.34% of households rent, and 51.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48735 is $5,665 per month. Households that rent pay about 14.07% of their income on rent here. 48735’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern 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
- 48754, MI: equally priced homes
- 48726, MI: equally priced homes
- 48759, MI: equally priced homes
- 48767, MI: equally priced homes
- 48426, MI: equally priced homes
- 48701, MI: less expensive homes
- 48475, MI: higher priced homes
- 48410, MI: higher priced homes
- 48733, MI: less expensive homes
- 48472, MI: higher priced homes
Zip Codes with Similar Populations
- 03282, NH: higher priced homes
- 84082, UT: higher priced homes
- 85611, AZ: higher priced homes
- 22810, VA: higher priced homes
- 21821, MD: higher priced homes
- 21723, MD: higher priced homes
- 20625, MD: higher priced homes
- 18254, PA: equally priced homes
- 16692, PA: less expensive homes
- 15358, PA: less expensive homes
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