Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Old Town area can be challenging. Home prices in Old Town are now at a median cost of $110,774, lower than the Lansing average of $150,223.
The average cost of rent is $1,225/mo in Old Town, primarily driven by the current value of real estate in the Old Town area. In Old Town, 68.95% of households rent, and 54.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Town is $4,009 per month. Households that rent pay about 30.56% of their income on rent here. Old Town’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Lansing, Lansing, MI: higher priced homes
- Eastside Lansing, Lansing, MI: higher priced homes
- Westside Lansing, Lansing, MI: higher priced homes
- Northwestside, Lansing, MI: higher priced homes
- Old Everett, Lansing, MI: equally priced homes
- Bailey, East Lansing, MI: higher priced homes
- Forest View, Lansing, MI: equally priced homes
- Southside, 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
- Vale and Eastern Avenue, Schenectady, NY: higher priced homes
- Downtown, Kenosha, WI: higher priced homes
- Downtown North East, North East, PA: higher priced homes
- Queens-Magnolia Terrace, Jackson, MS: less expensive homes
- Aurora-Butteville-Barlow, Canby, OR: higher priced homes
- Wyndmoor, Glenside, PA: higher priced homes
- Woodland Edge, Little Rock, AR: higher priced homes
- Urbanizacion Rivieras de Cupey, San Juan, PR: higher priced homes
- Urbanizacion Diplo, Naguabo, PR: equally priced homes
- Three Chopt, Richmond, VA: higher priced homes
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