In the 15 cheapest zip codes in the U.S., the median price of homes currently on the market is less than $15,000.
And in the cheapest — a block of south-central Detroit that falls into zip code 48208 — the median home price is just $6,388.
48208 is just one neighborhood in Detroit that has been largely abandoned, thanks largely to the struggles of the auto industry, on which the city is so dependent. The city has tried to lure new residents with incentives like renovation money and forgivable loans.
What’s life like within the confines of 48208?Continue reading on www.businessinsider.com