Single-family Foreclosures in Lansing, MI

Current Market Conditions in Lansing, MI

The Lansing real estate market has shown steady growth, with a mix of historic homes and modern developments appealing to both first-time buyers and investors. The demand for housing has increased, partly due to the city's strong job market and educational opportunities.

There is a notable shift towards suburban living, leading to an uptick in new construction projects and renovation activities. Investors are also drawn to the rental market, given the rising number of students and young professionals in the area.

Rent Prices In Lansing, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lansing, MI, is on a rollercoaster ride. The average rent price in Lansing, MI, is $1,268.00. Indeed, when looking to rent in Lansing, MI, you can expect to pay as little as $610.00 or as much as $3,180.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Lansing, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.