Housing & Real Estate — Lansing, Michigan
Overview
| Total Housing Units | 55,628 |
|---|
| Occupied | 51,129 |
|---|
| Vacant | 4,499 |
|---|
| Owner-Occupied | 27,565 |
|---|
| Renter-Occupied | 23,564 |
|---|
| Median Home Value (Census) | $128,700 |
|---|
| Estimated 2026 | ~$153,000 |
|---|
| Median Rent | $976/mo |
|---|
| Median Property Tax | $2,716/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | N/A |
|---|
| Rent as % of Income | N/A% |
|---|
| Severely Rent-Burdened | 40.7% |
|---|
Housing Age
| Built 2010 or later | 2,148 |
|---|
| Built 2000-2009 | 2,115 |
|---|
| Built 1990-1999 | 2,471 |
|---|
| Built before 1960 | 28,539 |
|---|
| Median Year Built | 1960 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
