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ZIP Code · MI

ZIP 48917

Part of Lansing, MI
Pop. 32,483·Eaton County·92nd most expensive ZIP in Michigan
Median rent (all units)
$1,393/mo
Year-over-Year
-3.8%
Month-over-Month
+4.0%
vs US Median
-$572
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 48917 · $1,393
More affordable than 81% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,000
1 BR
$1,040
2 BR
$1,300
3 BR
$1,670
4 BR+
$1,720
Research median
$1,300/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$16,716/yr
At $1,393/mo median
Location
StateMI
CountyEaton County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (-3.8% YoY, +4.0% MoM), not inventory.
Demographics

Who lives here

ZIP 48917 (Lansing, MI) is majority owner-occupied, has a large retiree population, 40.4% of residents hold a bachelor's degree or higher.

Population
32,483
Median income
$70,990
Median age
41.7
Renters
40%
Age distribution
17.4%
22.2%
24.5%
13.3%
22.6%
Under 1817.4%
18–3422.2%
35–5424.5%
55–6413.3%
65+22.6%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
67%
14.1%
White67%
Black14.1%
Hispanic9.3%
Asian5.3%
Other4.3%
Education (25+)
20.8%
32.3%
40.4%
No HS diploma6.5%
HS diploma20.8%
Some college32.3%
Bachelor's+40.4%
Housing tenure
60%
40%
Owner60%
Renter40%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 48917 in Lansing, MI has changed in 5 years

Income
$66,096 → $70,990
up 7.4%
Population
32,218 → 32,483
up 0.8%
Renter share
41% → 40%
-1.0 pts
Bachelor's+
39.2% → 40.4%
+1.2 pts
Median age
42.3 → 41.7
-0.6 yrs

Median household income grew from $66,096 to $70,990 between 2021 and 2024, a 7.4% shift.

Community

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Local insights

Tips for renters in ZIP 48917

About renting in ZIP 48917

Last updated: July 20, 2026

ZIP code 48917 covers Lansing, MI. The median rent here is $1,393/mo as of July 2026. A 1-bedroom rents for a median of $1,040/mo. A 2-bedroom rents for a median of $1,300/mo.

At 24% of local median household income ($70,990/yr), ZIP 48917 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 3.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 48917?

As of July 20, 2026, the median monthly rent in ZIP 48917 (Lansing, MI) is $1,393. This is based on aggregated data from public sources and community submissions.

How does ZIP 48917 rent compare to the US average?

ZIP 48917's median rent of $1,393/mo is $572 (29%) below the US national median of $1,965/mo.

How does ZIP 48917 compare to other ZIPs in Michigan?

ZIP 48917 falls in the middle range for Michigan, ranking #92 out of 165 ZIPs at $1,393/mo.

How much income do you need to rent in ZIP 48917?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,393/mo in ZIP 48917. The local median household income is $70,990/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 48917?

Rent in ZIP 48917 has decreased 3.8% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 48917 an affordable place to rent?

ZIP 48917 is considered very affordable for renters. At $1,393/mo, rent takes approximately 24% of the local median household income ($70,990/yr). The standard benchmark is 30%. ZIP 48917 falls comfortably within that range.

What percentage of ZIP 48917 residents rent vs. own?

According to Census data, approximately 40% of ZIP 48917 households are renters, while 60% are owner-occupied. ZIP 48917 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 48917 compare to the rest of Lansing?

ZIP 48917 is pricier than Lansing as a whole. At $1,393/mo, it's $163 above the Lansing citywide median of $1,230/mo.

When was rent data for ZIP 48917 last updated?

Rent data for ZIP 48917 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,393/mo, rent takes ~24% of ZIP 48917's median household income ($70,990/yr). The standard benchmark is 30%.

ZIP 48917 24%Benchmark 30%
State income tax4.25%
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Schools nearby

Public schools near ZIP 48917 (Lansing, MI)

Recent submissions

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