Home prices
The median home cost in East Lansing is $192,800. In comparison to nearby areas this is about $31,540 (19%) higher.Compared to the United States as a whole it is approximately $24,700 (11%) lower, and it is about $143,600 (291%) higher in comparison to the city of Detroit.
Rents
In East Lansing the median monthly rent is $952. It is approximately $102 (12%) higher compared to other places in this area.Compared to the rest of the country it is roughly $110 (10%) lower, and in comparison to the city of Detroit is approximately $128 (15%) higher.
Nearby places
Haslett
Haslett is East Lansing's neighbor to the east. Its housing prices are fairly similar. The median home price in Haslett is $198,400, which is $5,600 (2%) higher than East Lansing. Rent there is a bit less expensive. In Haslett the median rent is $871 per month, which works out to $81 (9%) lower than East Lansing.
Lansing
Lansing is East Lansing's neighbor to the southwest. Housing prices there are significantly less expensive. The cost of the median home in Lansing is $83,500, which works out to $109,300 (130%) lower than East Lansing. Its rents are a bit less expensive. Lansing's median rent is $819 a month, which works out to $133 (16%) lower than East Lansing.
Okemos
Okemos is East Lansing's neighbor to the southeast. The real estate prices there are a little more expensive. Okemos's median home price is $243,200, which comes out to $50,400 (20%) higher than East Lansing. Rents there are fairly similar. Okemos's median monthly rent is $989, which comes out to $37 (3%) higher than East Lansing.
Edgemont Park
Edgemont Park is approximately 4 miles west from East Lansing. The housing prices there are substantially less expensive. Edgemont Park's median home cost is $117,100, which comes out to $75,700 (64%) lower than East Lansing. Rent there is significantly less expensive. In Edgemont Park the median monthly rent is $650, which works out to $302 (46%) lower than East Lansing.
Waverly
Waverly is about 6 miles west from East Lansing. Housing prices there are somewhat less expensive. Waverly's median home value is $164,100, which works out to $28,700 (17%) lower than East Lansing. Its rents are similar. Waverly's median monthly rent is $919, which comes out to $33 (3%) lower than East Lansing.