Home Price Key
Affordable
Average
Expensive
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 $302,460, lower than the New York average of $481,023.
The average cost of rent is $1,371/mo in Lansing, primarily driven by the current value of real estate in the Lansing area. While nearly 42.91% of residents own their homes outright in Lansing, 40.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lansing is $8,087 per month. Households that rent pay about 16.95% of their income on rent here. Lansing's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- North Lansing, NY: less expensive homes
- Myers, NY: less expensive homes
- Ludlowville, NY: less expensive homes
- West Groton, NY: less expensive homes
- Renwick, NY: higher priced homes
- Goodyear Corners, NY: less expensive homes
- West Dryden, NY: less expensive homes
- Groton, NY: less expensive homes
- Groton City, NY: less expensive homes
- Genoa, NY: less expensive homes
Cities with Similar Populations
- Macon, MO: less expensive homes
- Portage, PA: less expensive homes
- Port Deposit, MD: less expensive homes
- Pontoon Beach, IL: less expensive homes
- Pisgah Forest, NC: less expensive homes
- Metamora, IL: less expensive homes
- Marcy, NY: less expensive homes
- Magnolia, MS: less expensive homes
- Madison, SD: less expensive homes
- Potomac Mills, VA: higher priced homes
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