East Lansing, MI Real Estate
According to census data in the year 2000 there were 15,318 housing units in East Lansing.
This represents a 6.4% growth from 14,403 in 1990.
Of those housing units, 15,309 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in East Lansing is about 32.2%.
East Lansing's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in East Lansing were built after 1967.
|Housing Units by Size|
|Five Bedrooms or more||4.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1960|
|Median Value of occupied units||$144,300|
|Median Price asked for vacant units||$159,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$447|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||12.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.7%|