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These days, finding an affordable place to live in the 48767 area can be challenging. Home prices in 48767 are now at a median cost of $106,221, lower than the Michigan average of $196,062.
The average cost of rent is $800/mo in 48767, primarily driven by the current value of real estate in the 48767 area. While nearly 50.57% of residents own their homes outright in 48767, 12.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48767 is $5,201 per month. Households that rent pay about 15.39% of their income on rent here. 48767's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 48701, MI: less expensive homes
- 48759, MI: equally priced homes
- 48733, MI: less expensive homes
- 48735, MI: equally priced homes
- 48754, MI: equally priced homes
- 48726, MI: equally priced homes
- 48747, MI: higher priced homes
- 48732, MI: higher priced homes
- 48708, MI: less expensive homes
- 48426, MI: higher priced homes
Zip Codes with Similar Populations
- 97836, OR: higher priced homes
- 83871, ID: higher priced homes
- 85137, AZ: higher priced homes
- 41219, KY: less expensive homes
- 37892, TN: equally priced homes
- 95311, CA: higher priced homes
- 31020, GA: less expensive homes
- 27865, NC: higher priced homes
- 23881, VA: higher priced homes
- 21520, MD: higher priced homes
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