Lansing-East Lansing, MI · Michigan
Eaton County
ZIP 48827
109,000 residents108 permits TTM$78,025 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$206,700
ACS 5-Year
Cap rate proxy
6.0%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.0%
HUD FMR ÷ ACS HHI
Net migration
+2.61%
IRS SOI
Permits (TTM)
108
Census BPS
Climate risk
67.6
FEMA NRI (0–100)
ZIP 48827
Median home value
—
Gross yield
—
Buy Box score
1.0
Section 8 gap
—
Affordability
P/I: 3.2R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown11 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 48917 | — | — | — | 6.8% | — |
| 48876 | — | — | — | 5.6% | — |
| 49076 | — | — | — | 5.6% | — |
| 48861 | — | — | — | 5.5% | — |
| 49096 | — | — | — | 5.5% | — |
| 48813 | — | — | — | 5.4% | — |
| 49021 | — | — | — | 5.3% | — |
| 48890 | — | — | — | 5.2% | — |
| 48827 | — | — | — | 5.1% | — |
| 48837 | — | — | — | 4.3% | — |
| 48821 | — | — | — | 4.2% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
74.2%
Census ACS
Vacancy rate
5.3%
Census ACS
Bachelor's degree +
30.4%
Census ACS
Rent burdened
37.5%
Census ACS (>30% income)
Median age
41.2
Census ACS
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