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Lansing, MI

Full City Profile · Michigan · Ingham County County

3.1 /5.0
B Good
112,546 Population 2,859/sq mi density
$52,170 Median Income $29,894 per capita
$119,400 Home Value $158,722 Zillow
$976 Median Rent 30.5% income on rent
51°F Avg Temperature 248 sunny days/yr
1,104 Violent Crime/100K 2,820 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$52,170 median income, 5.5% unemployment
A+
Affordability
5.0 / 5.0
$119,400 home value, $976/mo rent
F
Safety
1.0 / 5.0
1,104 violent crimes/100K (190% above avg)
B
Education
3.4 / 5.0
29.6% bachelor's degree or higher

Housing Overview

Median Home Value
$119,400
58% below
US avg: $281,900
Median Rent
$976/mo
16% below
US avg: $1,163/mo
Homeownership Rate
53.9%
18% below US avg (65.4%)
Total Housing Units
55,082
Median year built: 1960

Home Value by Source

Census Median
$119,400
Zillow (ZHVI)
$158,722
Median Sale Price
$130,000
Median List Price
$132,400
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.9%
Owner-Occupied
46.1%
Renter-Occupied
54%
46%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $976/mo · Zillow rent: $1,283/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
111
Price Drops
22.7%
of listings with price reduction
Price Per Sq Ft
$110
Active Inventory
304
homes for sale

Affordability & Housing Stock

Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
53.9%

Complete Housing Data

Home Values

Census Median Value$119,400
Zillow Home Value (ZHVI)$158,722
Median Sale Price$130,000
Median List Price$132,400
Price Per Sq Ft$110

Rent

Census Median Rent$976
Zillow Rent (ZORI)$1,283
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market46
Sale-to-List Ratio1.0%
Price Drops22.7%
Homes Sold111
Active Inventory304
Price Per Sq Ft$110

Ownership & Stock

Owner-Occupied53.9%
Renter-Occupied46.1%
Homeownership Rate53.9%
Total Housing Units55,082
Median Year Built1960
Rent Burden30.5%