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
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 Market | 46 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.7% |
| Homes Sold | 111 |
| Active Inventory | 304 |
| Price Per Sq Ft | $110 |
Ownership & Stock
| Owner-Occupied | 53.9% |
| Renter-Occupied | 46.1% |
| Homeownership Rate | 53.9% |
| Total Housing Units | 55,082 |
| Median Year Built | 1960 |
| Rent Burden | 30.5% |
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