US5.com
  1. Home
  2. States
  3. Michigan
  4. ZIP 48933
  5. Housing & Real Estate
Lansing city, MI

ZIP 48933 — 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 48933

Median Home Value
$130,200
Median Rent
$782
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$836/mo PITI).

25%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

13.9 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 48933 in Lansing city, MI, a household would need roughly $36,000 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 $836. That is roughly in line with the local median household income ($36,895). 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
9.2%-86% vs US avg
x
Vacancy Rate
9.0%-12% vs US avg
x
Broadband Access
82.0%-6% vs US avg
x
4+ Bedrooms
1.7%-89% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.0%-62% vs US avg
x
Mortgage-Free
33.5%-12% vs US avg
x
$130,200
Home Value
$782
Rent
1950
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached10.2%
  • 1-unit attached3.5%
  • 2-9 units30.1%
  • 10+ units56.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$130,200
Median rent$782
Owner-occupied9.2%
Vacant9.0%
Price-to-income3.5x
Est. income to buy$36,000