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These days, finding an affordable place to live in the 48917 area can be challenging. Home prices in 48917 are now at a median cost of $177,589, lower than the Michigan average of $196,062.
The average cost of rent is $959/mo in 48917, primarily driven by the current value of real estate in the 48917 area. While nearly 42.88% of residents own their homes outright in 48917, 47.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48917 is $5,432 per month. Households that rent pay about 17.66% of their income on rent here. 48917's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 48915, MI: less expensive homes
- 48933, MI: less expensive homes
- 48906, MI: less expensive homes
- 48910, MI: less expensive homes
- 48911, MI: less expensive homes
- 48837, MI: higher priced homes
- 48912, MI: less expensive homes
- 48821, MI: equally priced homes
- 48825, MI: less expensive homes
- 48820, MI: higher priced homes
Zip Codes with Similar Populations
- 08610, NJ: higher priced homes
- 11423, NY: higher priced homes
- 14621, NY: less expensive homes
- 16601, PA: less expensive homes
- 19966, DE: higher priced homes
- 22980, VA: higher priced homes
- 23435, VA: higher priced homes
- 27253, NC: equally priced homes
- 95829, CA: higher priced homes
- 43062, OH: higher priced homes
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