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These days, finding an affordable place to live in the Lansing area can be challenging. Home prices in Lansing are now at a median cost of $106,399, lower than the Arkansas average of $207,061.
The average cost of rent is $652/mo in Lansing, primarily driven by the current value of real estate in the Lansing area. In Lansing, 37.30% of households rent, and 73.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lansing is $5,103 per month. Households that rent pay about 12.77% of their income on rent here. Lansing’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Earle, AR: less expensive homes
- Crawfordsville, AR: equally priced homes
- Norvell, AR: less expensive homes
- Jennette, AR: higher priced homes
- Vincent, AR: equally priced homes
- Julius, AR: higher priced homes
- Three Forks, AR: less expensive homes
- Parkin, AR: less expensive homes
- Shell Lake, AR: less expensive homes
- Heth, AR: less expensive homes
Cities with Similar Populations
- Peacock, AL: higher priced homes
- Pine Hurst Park, NC: higher priced homes
- Pine Grove, AR: higher priced homes
- Pine Glen, PA: higher priced homes
- Pidcoke, TX: higher priced homes
- Perth, IN: higher priced homes
- Persia, TN: higher priced homes
- Peoli, OH: higher priced homes
- Penalosa, KS: equally priced homes
- Pearl, KS: higher priced homes
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