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market report · 48906
Lansing, MI · 48906
53 active listings$189,900 median ask$1,945 est. rent1% price/rent
$189,900
Median list price
$1,945/mo
Estimated rent
1%
Price / rent ratio
53
Listings
FHFA home price index · 2016–2025
95.9% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.36
Median rent / sqft
47 comps
$150.28
Median sold / sqft
47 comps
—
Walkability
4.9%
Area unemployment
BLS LAUS
Median household income $64,315 · median home value $139,700 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 65).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
1319 Massachusetts Ave, Lansing, MI 48906
Lansing, MI
$49,900$2,079/mo4.2%
2012 Vermont Ave, Lansing, MI 48906
Lansing, MI
$44,900$1,518/mo3.4%
1941 Polly Ave, Lansing, MI 48906
Lansing, MI
$82,985$1,793/mo2.2%
54 Bee Jay Dr, Lansing, MI 48906
Lansing, MI
$99,900$2,100/mo2.1%
229 W Gier St, Lansing, MI 48906
Lansing, MI
$179,900$3,059/mo1.7%
110 W North St, Lansing, MI 48906
Lansing, MI
$117,900$1,896/mo1.6%