Lansing-East Lansing, MI · Michigan

Clinton County

ZIP 48866

79,419 residents193 permits TTM$85,928 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$243,700

ACS 5-Year

Cap rate proxy

5.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

14.5%

HUD FMR ÷ ACS HHI

Net migration

+2.36%

IRS SOI

Permits (TTM)

193

Census BPS

Climate risk

47.0

FEMA NRI (0–100)

ZIP 48866

Median home value

Gross yield

Buy Box score

1.0

Section 8 gap

Affordability

P/I: 2.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown10 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
489061.0
488661.0
488311.0
488790.9
488350.9
488220.9
488080.9
488940.9
488200.9
48853

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

82.8%

Census ACS

Vacancy rate

5.5%

Census ACS

Bachelor's degree +

34.2%

Census ACS

Rent burdened

38.8%

Census ACS (>30% income)

Median age

41.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026