Median rent for residential in as of Jun, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
48 Lansing, MI, USA apartments for rent
Lansing
Lansing, MI has a population of 115,222, while the median age is 32. The household income in Lansing, MI is around $38,642. The homeownership rate among the residents is 50%. The median residential property value in Lansing, MI that you should keep in mind is $77,100.
| Population | 115,222 |
| Median Age | 32.3 |
| Poverty Rate | 27% |
| Household Income | $38,642 |
| Number Of Employees | 54,267 |
| Median Property Value | $77,100 |
Housing Trends
How much is an apartment in Lansing, MI, USA
Average rent in Lansing: $1,414 (+52%)
| Rent Price | Jun | vs Last Month |
|---|---|---|
| 1 bed rentals | $737 | -22.7% |
| 3 bed rentals | $1,299 | +59.2% |
| 4+ bed rentals | $2,150 | +79.2% |
Over the Jul 2022, the average rent for an apartment in/near Lansing, MI increased by 52% to $1,414.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 22.7% to $737. 3-bed apartment rent pricing starts at $1,299, it increased by 59.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 79.2% and made it up to $2,150.
| Rent Type Price | Jun | vs Last Month |
|---|---|---|
| Room rentals | $737 | +62% |
| Apartment rentals | $1,950 | N/A |
| House rentals | $1,866 | +104.6% |
Looking at the median rent price for an apartment in Lansing, MI, you can note that it remains flat with a price tag of $1,950. Statistics show that house rent price increased by 104.6% this month making it up to $1,866. An average room will now go for $737, the median rent price for a room increased by 62%.