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These days, finding an affordable place to live in the 48768 area can be challenging. Home prices in 48768 are now at a median cost of $112,003, lower than the Michigan average of $196,062.
The average cost of rent is $709/mo in 48768, primarily driven by the current value of real estate in the 48768 area. While nearly 45.76% of residents own their homes outright in 48768, 14.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48768 is $4,172 per month. Households that rent pay about 16.99% of their income on rent here. 48768's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48746, MI: higher priced homes
- 48757, MI: higher priced homes
- 48734, MI: higher priced homes
- 48744, MI: higher priced homes
- 48723, MI: less expensive homes
- 48464, MI: higher priced homes
- 48415, MI: higher priced homes
- 48435, MI: higher priced homes
- 48722, MI: less expensive homes
- 48760, MI: equally priced homes
Zip Codes with Similar Populations
- 02664, MA: higher priced homes
- 04086, ME: higher priced homes
- 04412, ME: higher priced homes
- 04444, ME: higher priced homes
- 04938, ME: higher priced homes
- 06269, CT: higher priced homes
- 06786, CT: higher priced homes
- 06798, CT: higher priced homes
- 06906, CT: higher priced homes
- 07760, NJ: higher priced homes
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