Average Rent in Lansing-East Lansing, MI
The Fair Market Rent for a 2-bedroom in Lansing-East Lansing, MI is $1,268 per month, based on HUD data. With a median household income of $70,886, a household would spend 21.5% of income on housing at Fair Market Rent. Rent has increased 16.1% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $973 |
| 1 Bedroom | $1,012 |
| 2 Bedroom | $1,268 |
| 3 Bedroom | $1,627 |
| 4 Bedroom | $1,679 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $70,886 |
| Rent Burden (2BR FMR / Income) | 21.5% |
| Income Needed for 2BR (30% rule) | $50,720/yr |