48195 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 48195 is about $1,058 per month. This puts it in the 82nd percentile compared to the state average cost of rent, which is $1,036. Households in 48195 have a median income of $5,384 per month so the average renter in 48195 is spending roughly 20% of their earnings on housing.
Nationally, and in 48195, home values are the data point most closely correlated with the cost of rent. The median price of a home in 48195 is $140,947 right now, which is higher than nearby zip codes, meaning that rents in 48195 also tend to be higher versus these nearby zip codes.
Higher rent prices are common in the northeastern parts of 48195 while lower rent rates are often available in southwestern areas.
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