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Lansing city, MI

ZIP 48911 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48911

Median Home Value
$136,900
Median Rent
$784
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$879/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48911 in Lansing city, MI, a household would need roughly $38,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $879. That sits below the local median household income ($54,882), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
56.0%-14% vs US avg
x
Vacancy Rate
6.9%-33% vs US avg
x
Broadband Access
87.5%+1% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
3.9%-70% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
28.7%-42% vs US avg
x
Mortgage-Free
36.2%-5% vs US avg
x
$136,900
Home Value
$784
Rent
1972
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached55.8%
  • 1-unit attached7.3%
  • 2-9 units16.0%
  • 10+ units16.3%
  • Mobile home & other4.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$136,900
Median rent$784
Owner-occupied56.0%
Vacant6.9%
Price-to-income2.5x
Est. income to buy$38,000