Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 48808 area can be challenging. Home prices in 48808 are now at a median cost of $292,642, higher than the Michigan average of $196,062.
The average cost of rent is $1,121/mo in 48808, primarily driven by the current value of real estate in the 48808 area. While nearly 38.41% of residents own their homes outright in 48808, 30.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48808 is $7,716 per month. Households that rent pay about 14.53% of their income on rent here. 48808's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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