Apartments & Homes for Rent in 48933

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What to Know About

Living in 48933

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 April 2025, Lansing's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lansing's average rent is 14.5% ($198) lower than the Michigan average of $1,367 and 35.0% ($630) lower than the U.S. average of $1,799.

Average Rent
$1,169
Monthly ChangeMonth Over Month Change
Increased1.2% ($14)
Yearly ChangeYear Over Year Change
Increased6.1% ($67)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,107 Increased23.7% ($212) Increased17.4% ($164)
2 Beds $1,464 Increased25.1% ($294) Increased28.9% ($328)
3 Beds $1,875 Increased25.2% ($377) Increased49% ($617)
Nearby Cities Average Rent Avg. Rent vs. LansingAverage Rent vs. Lansing Avg. Days on MarketAverage Days on Market
East Lansing $1,587 Increased35.8% ($418) 41 days
Holt $871 Decreased25.5% ($298) 41 days
Okemos $1,111 Decreased5% ($58) 41 days
Dewitt $1,360 Increased16.3% ($191) 39 days
Haslett $1,041 Decreased10.9% ($128) 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 $1,169 per month.
Homes in Lansing typically rent for between $775 and $2,438 per month, with an average of $1,169 per month.
In Lansing, the average rent for a 1-bedroom home is $1,107 per month, for a 2-bedroom home, $1,464 per month, and a 3-bedroom home is $1,875 per month.
The average rent in Lansing is 35% ($630) lower than the national average of $1,799 per month.
The average rent in Lansing has increased by 1.2% ($14) in the last month and increased by 6.1% ($67) 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 112 rental properties available in Lansing, MI.
Based on the current averages, a household would need an annual income of $58,560 to comfortably afford a 2-bedroom home in Lansing.
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