Rental market snapshot for Lansing, Michigan

Lansing, Michigan Rental Property Market Overview

Lansing, Michigan is a vibrant city with a population of 112,684 as of 2021, according to the US Census. It is the capital of Michigan and home to a diverse range of businesses, educational institutions, and cultural attractions. The city is known for its vibrant downtown area, which features a variety of shops, restaurants, and entertainment venues. Lansing is also home to a number of parks and recreational areas, making it a great place to live and visit.

The average rent for an apartment in Lansing is $988. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -4.6% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Lansing Michigan | Cost of Living

  • The most expensive ZIP Code in Lansing is 48910 with an average price of $1,515
  • The cheapest ZIP Code in Lansing is 48906 with an average price of $675

Lansing ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
148910$1,515
248906$1,129
348917$1,075
448911$925
548912$895
648933$850

Live near Lansing, Michigan's Top Sights and Attractions

Mckinch Park is a large park located in the heart of Lansing. It features a variety of outdoor activities, including a large playground, walking trails, and a pond. There are also picnic areas, a basketball court, and a disc golf course. The park is surrounded by lush trees and is a great spot for a peaceful stroll or a fun day out with the family.

Everett Park is a large public park located in Lansing, Michigan. It features a variety of outdoor activities, including a large playground, walking trails, picnic areas, and a pond. The park also has a large open field, perfect for sports and other activities. There is also a pavilion and a gazebo, perfect for hosting events and gatherings. The park is also home to a variety of wildlife, including birds, squirrels, and other small animals.

Filley Park is a beautiful outdoor space located in the heart of the city. It features a large pond, a playground, a picnic area, and a walking path. The park is surrounded by lush trees and foliage, providing a peaceful and tranquil atmosphere. Visitors can enjoy a variety of activities, such as fishing, bird watching, and playing sports. The park also hosts several events throughout the year, including concerts, festivals, and outdoor movies.

Hawk Island Park is a sprawling outdoor oasis located in the heart of Michigan. It features a large lake with a sandy beach, a playground, and plenty of picnic areas. There are also several walking and biking trails, as well as a disc golf course. The park is also home to a variety of wildlife, including ducks, geese, and other birds. During the summer months, visitors can take part in a variety of activities, including swimming, fishing, and kayaking.

Washington Park is a large, green space located in the heart of Lansing. It features a variety of recreational activities, including walking trails, a playground, a pond, and a picnic area. The park also has a large open field, perfect for sports and other outdoor activities. There is also a band shell, which hosts concerts and other events throughout the year.

Georgetown Park is a large outdoor park located in Lansing, Michigan. It features a variety of activities and attractions, including a large playground, walking trails, a fishing pond, and a picnic area. The park also has a large open field, perfect for playing sports or having a picnic. There are also several pavilions available for rent for special events. Georgetown Park is a great place to spend the day with family and friends.

The Michigan House of Representatives Building is a historic attraction located in Lansing, Michigan. It is a stunning example of Beaux-Arts architecture, featuring a grand entrance with a large portico and two wings that flank the main building. Inside, visitors can explore the ornate chambers and hallways, as well as the House of Representatives Chamber, which is the largest legislative chamber in the United States. The building also houses a museum, which showcases the history of Michigan's government and its people.

Adado Riverfront Park is a picturesque outdoor space located along the banks of a winding river. The park features a variety of recreational activities, including walking trails, fishing spots, and picnic areas. Visitors can also enjoy a variety of events, such as outdoor concerts, festivals, and movie screenings. The park also features a playground, a splash pad, and a skate park. Adado Riverfront Park is a great place to relax and enjoy the beauty of nature.

Scott Park is a large park located on the banks of the Grand River. It features a variety of recreational activities, including walking trails, picnic areas, a playground, and a boat launch. The park also has a large open field, perfect for sports and other outdoor activities. There is also a pavilion, perfect for hosting events, and a large pond with a fountain. The park is a great place to relax and enjoy the outdoors.

Risdale Park is a large public park located in Lansing, Michigan. It features a variety of outdoor activities, including a large playground, a walking path, a basketball court, a baseball diamond, and a picnic area. The park also has a pond with a fishing dock, a gazebo, and a pavilion. In the summer, the park hosts a variety of events, including concerts, festivals, and outdoor movies.

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Lansing, Michigan area median rent change by ZIP Code map

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How does Lansing compare to other cities in Michigan ?

citymedian price
Southgate$1,500
Clarkston$1,654
Farmington$1,690
Northville$1,700
Utica$1,414
Westland$1,100
Portage$1,100

Average household income in Lansing area graph - US Census

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The median household income in Lansing in 2021 was $44,233. This represents a 17.9% change from 2011 when the median was $37,528.

#categorypercent
0Less than $10,0008.8%
1$10,000 to $14,9995.9%
2$15,000 to $19,9995.4%
3$20,000 to $24,9996.7%
4$25,000 to $29,9995.9%
5$30,000 to $34,9996.4%
6$35,000 to $39,9995.5%
7$40,000 to $44,9996.0%
8$45,000 to $49,9995.5%
9$50,000 to $59,9998.7%
10$60,000 to $74,99912.1%
11$75,000 to $99,99911.7%
12$100,000 to $124,9995.4%
13$125,000 to $149,9993.2%
14$150,000 to $199,9991.9%
15$200,000 or more0.9%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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