Home prices
Lansing's median home value is $83,500. This is roughly $75,620 (47%) lower compared to its nearby areas.In comparison to the US as a whole it is roughly $134,000 (61%) lower, and is about $59,900 (41%) lower compared to the city of Grand Rapids.
Rents
Lansing's median rent is $819 per month. In comparison to nearby areas it is roughly $28 (3%) lower.It is approximately $243 (22%) lower compared to the rest of the nation, and it is approximately $106 (11%) lower in comparison to the city of Grand Rapids.
Nearby places
Edgemont Park
Edgemont Park is Lansing's neighbor to the northwest. The real estate prices there are a bit more expensive. Edgemont Park's median home cost is $117,100, which comes out to $33,600 (28%) higher than Lansing. Rent there is a little less expensive. The median monthly rent in Edgemont Park is $650, which comes out to $169 (26%) lower than Lansing.
Waverly
Waverly is Lansing's neighbor to the northwest. The real estate prices there are substantially more expensive. The cost of the median home in Waverly is $164,100, which works out to $80,600 (49%) higher than Lansing. The rent there is somewhat more expensive. Waverly's median rent is $919 per month, which is $100 (10%) higher than Lansing.
East Lansing
East Lansing is Lansing's neighbor to the northeast. Its real estate prices are a lot more expensive. The median home in East Lansing costs $192,800, which is $109,300 (56%) higher than Lansing. The rent there is a bit more expensive. In East Lansing the median monthly rent is $952, which comes out to $133 (13%) higher than Lansing.
Holt
Holt is Lansing's neighbor to the south. Its real estate prices are substantially more expensive. The median home in Holt is valued at $162,500, which is $79,000 (48%) higher than Lansing. The rent there is a little more expensive. Holt's median monthly rent is $985, which works out to $166 (16%) higher than Lansing.
Dimondale
Dimondale is roughly 5 miles southwest from Lansing. Its real estate prices are substantially more expensive. The median home in Dimondale is valued at $159,100, which comes out to $75,600 (47%) higher than Lansing. The rent there is a bit less expensive. In Dimondale the median rent is $728 per month, which is $91 (12%) lower than Lansing.