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Lansing

Learn about the people, housing, costs and businesses in Lansing, New York

Median Home$437,547
Median Rent$1,725/month
Population3,603
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Manufacturing57% public administration
Home Value Growth⬆⬆⬆+21.2% over 2 years
Young Adults42% of residentstop 2% nationally
Renters52% of occupied units
NotableTransit89/100 · excellent transit access
NotableAmenity Score71/100 · highly walkable area
Lansing
NY

Frequently Asked Questions

What are today's mortgage rates in Lansing?

As of today, the 30-year fixed mortgage rate for Lansing is approximately 6.838% (6.872% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Lansing?

The median home value in Lansing is $438k. The median monthly rent is $1,725. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lansing?

Home values in Lansing have increased 21.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Lansing?

Based on a typical all-in ownership cost of $1,768/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $76k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lansing is $99k/year.

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What industries drive the economy in Lansing?

The largest employment sectors in Lansing are public administration (57%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.