Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Downtown Lansing area can be challenging. Home prices in Downtown Lansing are now at a median cost of $165,937, higher than the Lansing average of $150,223.
The average cost of rent is $977/mo in Downtown Lansing, primarily driven by the current value of real estate in the Downtown Lansing area. In Downtown Lansing, 85.33% of households rent, and 42.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Lansing is $3,329 per month. Households that rent pay about 29.36% of their income on rent here. Downtown Lansing’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Westside Lansing, Lansing, MI: equally priced homes
- Old Town, Lansing, MI: less expensive homes
- Northwestside, Lansing, MI: less expensive homes
- Eastside Lansing, Lansing, MI: equally priced homes
- Old Everett, Lansing, MI: less expensive homes
- Forest View, Lansing, MI: less expensive homes
- Southside, Lansing, MI: less expensive homes
- Bailey, East Lansing, MI: higher priced homes
- Downtown Village of Holly, Holly, MI: higher priced homes
- Abbot, Ann Arbor, MI: higher priced homes
Neighborhoods with Similar Populations
- Sunnyside-Flagstaff, Flagstaff, AZ: higher priced homes
- Camden, Salisbury, MD: higher priced homes
- West Woods, Golden, CO: higher priced homes
- North Hill, Des Moines, WA: higher priced homes
- Ingram Hills, San Antonio, TX: higher priced homes
- North Park, Provo, UT: higher priced homes
- Houston Farms, Houston, TX: higher priced homes
- Heights, Laredo, TX: higher priced homes
- Deschutes River Woods, Bend, OR: higher priced homes
- Vine, Kalamazoo, MI: equally priced homes
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