The median home in Lansing, Michigan is valued at $156,985, up 4.3% year over year. Typical monthly rent is $1,261, producing a price-to-rent ratio of 10.4x — below the national average of 18x. Lansing is part of the Lansing-East Lansing, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Lansing-East Lansing, MI stress score, crash risk, and 12-month forecast →
Home Value$156,985
+4.3%
Rent$1,261/mo
AFFORDABILITYBuying $132/mo cheaper ($1,261 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.
Enter your income for Lansing.
$31,397 on $156,985
Affordable — 18.1% of income
Under the 28% guideline.
PITI$1,129
P/I18.1%
Afford$243K
Room+$86K
P&I $794Tax $201Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Michigan
Compare Lansing with other housing markets across Michigan.
Full Lansing-East Lansing, MI analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Lansing-East Lansing, MI metro.
View Lansing-East Lansing, MI metro →