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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 $189,179, lower than the Iowa average of $226,062.
The average cost of rent is $581/mo in Lansing, primarily driven by the current value of real estate in the Lansing area. In Lansing, 15.49% of households rent, and 43.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lansing is $5,768 per month. Households that rent pay about 10.07% of their income on rent here. Lansing’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Village Creek, IA: equally priced homes
- West Prairie, WI: equally priced homes
- DeSoto, WI: equally priced homes
- New Albin, IA: equally priced homes
- Elon, IA: equally priced homes
- Waterville, IA: higher priced homes
- Retreat, WI: equally priced homes
- Ferryville, WI: equally priced homes
- Victory, WI: equally priced homes
- Harpers Ferry, IA: higher priced homes
Cities with Similar Populations
- Huntsville, TN: less expensive homes
- Paulina, LA: higher priced homes
- Northport, MI: higher priced homes
- Mulliken, MI: higher priced homes
- Meshoppen, PA: higher priced homes
- Adrian, GA: less expensive homes
- Mazon, IL: higher priced homes
- Lockney, TX: less expensive homes
- Lampe, MO: higher priced homes
- Jean Lafitte, LA: equally priced homes
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