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Lansing, IL

Full City Profile · Illinois · Lake County County

3.2 /5.0
B Good
28,415 Population 3,809/sq mi density
$71,805 Median Income $33,832 per capita
$168,500 Home Value $192,686 Zillow
$1,271 Median Rent 29.9% income on rent
53°F Avg Temperature 275 sunny days/yr
377 Violent Crime/100K 5,423 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$71,805 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$168,500 home value, $1,271/mo rent
F
Safety
1.0 / 5.0
377 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Housing Overview

Median Home Value
$168,500
40% below
US avg: $281,900
Median Rent
$1,271/mo
9% above
US avg: $1,163/mo
Homeownership Rate
69.8%
7% above US avg (65.4%)
Total Housing Units
12,127
Median year built: 1965

Home Value by Source

Census Median
$168,500
Zillow (ZHVI)
$192,686
Median Sale Price
$180,000
Median List Price
$189,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.8%
Owner-Occupied
30.2%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,271/mo

Market Indicators (Redfin)

Median Days on Market
84 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
19
Price Drops
22.4%
of listings with price reduction
Price Per Sq Ft
$125
Active Inventory
107
homes for sale

Affordability & Housing Stock

Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
69.8%

Complete Housing Data

Home Values

Census Median Value$168,500
Zillow Home Value (ZHVI)$192,686
Median Sale Price$180,000
Median List Price$189,900
Price Per Sq Ft$125

Rent

Census Median Rent$1,271
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market84
Sale-to-List Ratio1.0%
Price Drops22.4%
Homes Sold19
Active Inventory107
Price Per Sq Ft$125

Ownership & Stock

Owner-Occupied69.8%
Renter-Occupied30.2%
Homeownership Rate69.8%
Total Housing Units12,127
Median Year Built1965
Rent Burden29.9%