Lansing, MI Real Estate
According to census data in the year 2000 there were 53,209 housing units in Lansing.
This represents a 1.3% decline from 53,919 in 1990.
Of those housing units, 53,209 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lansing is about 57.4%.
Lansing's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Lansing were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1953|
|Median Value of occupied units||$73,500|
|Median Price asked for vacant units||$64,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.2|
|Median year structure was built||1967|
|Median Monthly Rent asked for vacant units||$486|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||7.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.6%|