How much is a home worth in ZIP code 48146?

The typical home in 48146 is worth $152,934, based on the Zillow Home Value Index.

Are home values rising in 48146?

Home values in 48146 are up 2.2% over the past year, and up 5.6% a year over five years.

What is the typical rent in 48146?

A typical home in 48146 rents for about $1,188 a month, a gross rental yield of 9.3%.

What is the property tax rate in 48146?

The effective property tax rate in 48146 is 1.5% — roughly $2,364 a year on a typical home.

ZIP code 48146 has a population of 39,257 and a median household income of $58,616.

HousingHandbookReference data

…

U.S. ZIP Code · MI48146

Wayne County · Detroit-Warren-Dearborn, MI

Typical home value

$152,934^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.2%
5-year / yr: +5.6%
10-year / yr: +9.8%

Relative price

vs U.S.: -46.2%
vs metro: -49.5%
vs state: -36.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48146 is worth $152,934 — 49.5% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 2.2%. Homes here rent for a typical $1,188 a month — a 9.3% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,188^[2]
Gross yield: 9.3%^[2]
Cap rate: 5.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.5%^[3]
Typical annual tax: $2,364^[3]

#Climate risk

FEMA National Risk Index ratings for Wayne County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 39,257^[3]
Median household income: $58,616^[3]

#Migration

Household moves in and out of Wayne County over a year, from IRS tax-return data.

Net migration: -4,559^[5]
Moved in: 28,607
Moved out: 33,166

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 7
Middle: 1
High: 2

Lincoln Park High School
High · Grades 9–12 · Lincoln Park School District of the City of
1,391 students
Lincoln Park Middle School
Middle · Grades 6–8 · Lincoln Park School District of the City of
1,060 students
Lafayette School
Elementary · Grades PK–5 · Lincoln Park School District of the City of
462 students
Keppen School
Elementary · Grades PK–5 · Lincoln Park School District of the City of
330 students
Earl F Carr School
Elementary · Grades PK–5 · Lincoln Park School District of the City of
306 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.3%

Net yield (after ~40% expenses)5.6%

Annual rent$14,257

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$773

Loan principal$122,347

Down payment$30,587

Total interest paid$156,047

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.92

Monthly cost to own$1,098

Monthly rent$1,188

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 77th percentile^[1]
Rental yield: 71st percentile^[2]
Property tax: 81st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48146?: The typical home in 48146 is worth $152,934, based on the Zillow Home Value Index.
Are home values rising in 48146?: Home values in 48146 are up 2.2% over the past year, and up 5.6% a year over five years.
What is the typical rent in 48146?: A typical home in 48146 rents for about $1,188 a month, a gross rental yield of 9.3%.
What is the property tax rate in 48146?: The effective property tax rate in 48146 is 1.5% — roughly $2,364 a year on a typical home.
Who lives in 48146?: ZIP code 48146 has a population of 39,257 and a median household income of $58,616.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48225 vs 48146 →
Harper Woods, MI
Typical home
$152,670
Gross yield
10.8%
48341 vs 48146 →
Pontiac, MI
Typical home
$151,967
Gross yield
—
48021
Eastpointe, MI
Typical home
$154,597
Gross yield
10.9%
48240
Detroit, MI
Typical home
$155,335
Gross yield
12.1%
48091
Warren, MI
Typical home
$158,249
Gross yield
10.3%
48207
Detroit, MI
Typical home
$147,426
Gross yield
12.0%

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Pit ZIP 48146 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MI48146

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