Last updated
Average Rent in East Lansing 48823 & Rent Trends
Rent prices and market trends across 5 apartment communities in East Lansing 48823, Lansing, MI. Updated daily.
Market Average
$1,744/mo
▲ +5% from last month
Lowest Available
$1,041/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
21
available now
Price Cuts This Week in East Lansing 48823
3 listed units across 1 building in East Lansing 48823 dropped their asking rent in the past 7 days, an average cut of $62/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Gateway Lofts | Unit 333, 1E - Eaton | $1,499 | $1,423 | $76 |
| Gateway Lofts | Unit 220, 2B - Walnut | $2,340 | $2,285 | $55 |
| Gateway Lofts | Unit 516, 2B - Walnut | $2,340 | $2,285 | $55 |
East Lansing 48823 vs Lansing, MI Average
East Lansing 48823 is more expensive than the Lansing, MI average by $285/mo (20%). The citywide average is $1,459/mo across all neighborhoods.
Is Rent Going Up or Down in East Lansing 48823?
As of September 2026, the average rent in East Lansing 48823 is $1,744 per month across 5 apartment communities and 21 available units. Rents have increased $76 (5%) over the past month.
The most affordable option is Campus Village - E. Lansing starting at $1,041/mo. By unit type, a studio averages $1,225/mo, a 1-bedroom averages $1,300/mo, a 2-bedroom averages $1,903/mo, a 3-bedroom averages $2,520/mo, a 4-bedroom averages $1,041/mo.
Prices range from $1,041 to $2,520 per month. The most common price point is the $2,200 range, where 6 units are currently listed.
East Lansing 48823 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,537 | - | 5 |
| August 2026 | $1,558 | +$21 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in East Lansing 48823
Rent Prices by Apartment in East Lansing 48823
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Campus Village - E. Lansing | $1,041/mo | $1,041/mo | 1 | 4.2 |
| Hidden Tree Apartments and Townhomes | $1,095/mo | $1,243/mo | 7 | 3 |
| Abbott Pointe Apartments | $1,225/mo | $1,225/mo | 1 | 3.8 |
| Gateway Lofts | $1,566/mo | $2,220/mo | 6 | 4.6 |
| Hunters Ridge Apartments & Townhomes | $1,799/mo | $2,057/mo | 6 | 4 |
Frequently Asked Questions About Rent in East Lansing 48823
What is the average rent in East Lansing 48823?
Is rent going up or down in East Lansing 48823?
What is the cheapest apartment in East Lansing 48823?
How much is a 1-bedroom apartment in East Lansing 48823?
How many apartments are available in East Lansing 48823?
What salary do I need to live comfortably in East Lansing 48823?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$70,000/year
Based on the 30 percent rule, using our tracked average rent of $1,744/mo.
Comfortable income
$84,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,041/mo), you need to earn at least $42,000/year.
Median household income in East Lansing 48823 is $52,170 , about 38% below the comfortable-living threshold.
Cost of living in East Lansing 48823
Overall prices in East Lansing 48823 runs below the national average by about 7% (BEA Regional Price Parity index 93.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by East Lansing 48823's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,744 |
| Utilities | $331 |
| Groceries | $508 |
| Transportation | $789 |
| Healthcare | $385 |
| Other goods and services | $616 |
| Estimated total | $4,372/mo |
Population
112,546
Median household income
$52,170
Census median rent
$976/mo
Rent as % of income
30.5%
Median age
33.5
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for East Lansing 48823 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore East Lansing 48823 Apartments
Browse all 5 communities with daily-updated pricing and availability.