Metro data updated Jul 1, 2026

Lansing-East Lansing, MI Average Rent & Rental Yield

Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.

12.42%
Gross Rental Yield
$1,500
Median Rent
$161,983
Avg Home Value
N/A
Transactions (30d)

Average rent in Lansing-East Lansing, MI

The median asking rent in Lansing-East Lansing, MI is $1,500 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.

Against an average home value of $161,983, that rent level prices Lansing-East Lansing, MI at a 12.42% gross rental yield — compared with 10.76% across Michigan.

Metro vs state rental signal

The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.

Gross yield
Metro
12.42%
State
10.76%
Median rent
Metro
$1,500
State
$1,650
Avg home value
Metro
$161,983
State
$197,962
30d transactions
Metro
N/A
State
N/A

Nearby metro yield comparison

Compare this metro with other Michigan markets and jump directly into Rental Insights or a public metro report when a yield page is available.

Detroit-Warren-Dearborn, MI

N/A transactions last 30d

11.66%

Grand Rapids-Wyoming-Kentwood, MI

N/A transactions last 30d

8.59%

Flint, MI

N/A transactions last 30d

19.23%

Ann Arbor, MI

N/A transactions last 30d

8.34%

Saginaw, MI

N/A transactions last 30d

17.61%

Bay City, MI

N/A transactions last 30d

13.44%

Owosso, MI

N/A transactions last 30d

13.81%

Sault Ste. Marie, MI

N/A transactions last 30d

14.23%

Lansing-East Lansing, MI rent and yield FAQ

Quick answers based on the latest Lansing-East Lansing, MI rental listing and transaction data.

What is the average rent in Lansing-East Lansing, MI?

As of July 2026, the median asking rent in Lansing-East Lansing, MI is $1,500. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.

What is a good rental yield in Lansing-East Lansing, MI?

Lansing-East Lansing, MI currently prices at a 12.42% gross rental yield, versus 10.76% across Michigan. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.

Move from Lansing-East Lansing, MI market context to property-level screening

Open Rental Insights with Lansing-East Lansing, MI selected, then pair the yield signal with investor activity and rental data workflows.