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These days, finding an affordable place to live in the 48933 area can be challenging. Home prices in 48933 are now at a median cost of $180,060, lower than the Michigan average of $250,415.
The average cost of rent is $918/mo in 48933, primarily driven by the current value of real estate in the 48933 area. In 48933, 94.62% of households rent, and 45.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48933 is $2,920 per month. Households that rent pay about 31.44% of their income on rent here. 48933’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48915, MI: less expensive homes
- 48912, MI: less expensive homes
- 48910, MI: less expensive homes
- 48906, MI: less expensive homes
- 48825, MI: higher priced homes
- 48917, MI: higher priced homes
- 48911, MI: less expensive homes
- 48823, MI: higher priced homes
- 48824, MI: higher priced homes
- 48842, MI: higher priced homes
Zip Codes with Similar Populations
- 08045, NJ: higher priced homes
- 12183, NY: less expensive homes
- 12458, NY: higher priced homes
- 12966, NY: less expensive homes
- 49916, MI: equally priced homes
- 95663, CA: higher priced homes
- 52052, IA: higher priced homes
- 52328, IA: higher priced homes
- 55001, MN: higher priced homes
- 56277, MN: equally priced homes
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