Last updated
Average Rent in Lansing 48823 & Rent Trends
Rent prices and market trends across 2 apartment communities in Lansing 48823, Lansing, MI. Updated daily.
Market Average
$1,777/mo
Lowest Available
$1,494/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
24
available now
Lansing 48823 vs Lansing, MI Average
Lansing 48823 is more expensive the Lansing, MI average by $285/mo (19%). The citywide average is $1,492/mo across all neighborhoods.
Is Rent Going Up or Down in Lansing 48823?
As of July 2026, the average rent in Lansing 48823 is $1,777 per month across 2 apartment communities and 24 available units.
The most affordable option is Gateway Lofts starting at $1,494/mo. By unit type, a studio averages $1,720/mo, a 1-bedroom averages $1,603/mo, a 2-bedroom averages $2,181/mo.
Prices range from $1,494 to $2,399 per month. The most common price point is the $1,400 range, where 10 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Lansing 48823
Rent Prices by Apartment in Lansing 48823
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Gateway Lofts | $1,494/mo | $1,748/mo | 21 | 4.6 |
| Hunters Ridge Apartments & Townhomes | $1,800/mo | $1,980/mo | 3 | 4 |
Google Search Trends for Lansing 48823 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Lansing 48823
What is the average rent in Lansing 48823?
Is rent going up or down in Lansing 48823?
What is the cheapest apartment in Lansing 48823?
How much is a 1-bedroom apartment in Lansing 48823?
How many apartments are available in Lansing 48823?
What salary do I need to live comfortably in 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
$71,000/year
Based on the 30 percent rule, using our tracked average rent of $1,777/mo.
Comfortable income
$85,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,494/mo), you need to earn at least $60,000/year.
Median household income in Lansing 48823 is $52,170 , about 39% below the comfortable-living threshold.
Cost of living in Lansing 48823
Overall prices in 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 Lansing 48823's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,777 |
| Utilities | $331 |
| Groceries | $508 |
| Transportation | $789 |
| Healthcare | $385 |
| Other goods and services | $616 |
| Estimated total | $4,405/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.
Explore Lansing 48823 Apartments
Browse all 2 communities with daily-updated pricing and availability.