Market Snapshot
East Lansing, Ingham County, MI is a city market with a median home price of $295,971, a median monthly rent of $1,451, a GRM of 17.0x, and a price-to-rent ratio of 17.0.
East Lansing, Ingham County, MI
Median Home Price Price
$295,971 $296K
Median Monthly Rent Rent
$1,451 $1.5K
17.0x
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Home prices
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Monthly rent
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GRM = home price / annual rent
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No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
Chart loads when visible.
No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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East Lansing
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Delta
Median rent
$1,451
N/A
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Median price
$295,971
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YoY change
+$126
N/A
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Price-to-rent
17.0x
Data unavailable
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Key takeaways
- East Lansing, Ingham County, MI has a middle-grm screening profile: At 17.0x GRM, price and rent sit in a less extreme screening range.
- The investment thesis may depend more on trend quality and local context than on GRM alone.
- Rent momentum is positive, with median rent up about $126 year over year.