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These days, finding an affordable place to live in the 48754 area can be challenging. Home prices in 48754 are now at a median cost of $109,321, lower than the Michigan average of $196,062.
The average cost of rent is $721/mo in 48754, primarily driven by the current value of real estate in the 48754 area. While nearly 52.83% of residents own their homes outright in 48754, 11.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48754 is $5,541 per month. Households that rent pay about 13.02% of their income on rent here. 48754's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 48735, MI: equally priced homes
- 48731, MI: less expensive homes
- 48755, MI: higher priced homes
- 48720, MI: equally priced homes
- 48759, MI: less expensive homes
- 48413, MI: equally priced homes
- 48767, MI: equally priced homes
- 48475, MI: higher priced homes
- 48432, MI: equally priced homes
- 48470, MI: higher priced homes
Zip Codes with Similar Populations
- 52749, IA: higher priced homes
- 15924, PA: less expensive homes
- 15961, PA: less expensive homes
- 17827, PA: higher priced homes
- 18417, PA: higher priced homes
- 18435, PA: higher priced homes
- 20701, MD: higher priced homes
- 36785, AL: less expensive homes
- 38961, MS: less expensive homes
- 47406, IN: higher priced homes
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