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What to Know About
Living in Lansing, MI
Lansing, the capital of Michigan, is a vibrant city with a unique cultural scene. Some of its most famous attractions include the Michigan State Capitol, the Impression 5 Science Center, Michigan Historical Museum, Lansing Symphony Orchestra, the Potter Park Zoo, and Wharton Center for Performing Arts. In addition, the city is home to Michigan State University, one of the largest universities in the country, and Lansing Community College, both offering top-notch academic programs. Lansing's diverse economy includes government, education, healthcare, and manufacturing.
Take in the city's fresh air and natural beauty at River Trail, the Fenner Nature Center, and Hawk Island Park. Plenty of shopping and dining options exist, including the Lansing City Market and the Old Town neighborhood. Additionally, Lansing is home to various fantastic annual events you will want to attend, such as the Michigan BluesFest, the Common Ground Music Festival, and the Greater Lansing Food Truck and Craft Beer Festival.
Lansing is a great place to live for those looking for a diverse and welcoming community with plenty of opportunities for entertainment, education, and employment.
Rental Market Trends
Lansing, MI
As of June 2025, Lansing's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lansing's average rent is 18.9% ($260) lower than the Michigan average of $1,376 and 37.4% ($668) lower than the U.S. average of $1,784.
Average Rent
$1,116
Monthly ChangeMonth Over Month Change
3.1% ($36)
Yearly ChangeYear Over Year Change
3% ($33)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,011 | 6.4% ($69) | 11.2% ($102) |
| 2 Beds | $1,164 | 3.1% ($37) | 3.1% ($35) |
| 3 Beds | $1,430 | 1.7% ($25) | 9.6% ($125) |
| Nearby Cities | Average Rent | Avg. Rent vs. LansingAverage Rent vs. Lansing | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| East Lansing | $1,612 | 44.4% ($496) | 41 days |
| Holt | $921 | 17.5% ($195) | 41 days |
| Okemos | $1,173 | 5.1% ($57) | 41 days |
| Dewitt | $1,446 | 29.6% ($330) | 39 days |
| Haslett | $1,015 | 9.1% ($101) | 41 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lansing Rental Market FAQs
Explore rental prices, market trends, and availability in Lansing, MI.
The average rent in Lansing, MI is $1,116 per month.
Homes in Lansing typically rent for between $708 and $1,859 per month, with an average of $1,116 per month.
In Lansing, the average rent for a 1-bedroom home is $1,011 per month, for a 2-bedroom home, $1,164 per month, and a 3-bedroom home is $1,430 per month.
The average rent in Lansing is 37.4% ($668) lower than the national average of $1,784 per month.
The average rent in Lansing has decreased by 3.1% ($36) in the last month and increased by 3.0% ($33) over the past year.
The rental market in Lansing, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lansing, MI, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 118 rental properties available in Lansing, MI.
Based on the current averages, a household would need an annual income of $46,560 to comfortably afford a 2-bedroom home in Lansing.
