The median home in Lansing, Illinois is valued at $191,736, up 0.2% year over year. Typical monthly rent is $1,579, producing a price-to-rent ratio of 10.1x — below the national average of 18x. Lansing is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$191,736

+0.2%

Rent$1,579/mo

AFFORDABILITY

Enter your income for Lansing.

Income (annual)

Down Payment

$38,347 on $191,736

Affordable — 23.6% of income

Under the 28% guideline.

PITI$1,476

P/I23.6%

Afford$227K

Room+$36K

P&I $970Tax $356Ins $150

Buying $103/mo cheaper ($1,579 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Lansing with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →

LANSING, IL