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South Lansing

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

Median Home$374,624
Median Rent$1,472/month
Population1,115
Leading IndustriesTransportation · Public Administration · Arts, Food & Hospitality4% transportation
Home Value Growth⬆⬆⬆+27.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners52% of occupied units
NotableTransit91/100 · excellent transit access
NotableHighly Educated28% bachelor's · 13% graduate · top 12% nationally
South Lansing
NY

Frequently Asked Questions

What are today's mortgage rates in South Lansing?

As of today, the 30-year fixed mortgage rate for South Lansing is approximately 6.979% (7.018% 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 South Lansing?

The median home value in South Lansing is $375k. The median monthly rent is $1,472. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Lansing?

Home values in South Lansing have increased 27.0% 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 South Lansing?

Based on a typical all-in ownership cost of $1,570/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Lansing is $81k/year.

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What industries drive the economy in South Lansing?

The largest employment sectors in South Lansing are public administration (30%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.