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Home values, rents and more in ZIP code 48911 (Lansing, MI)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$171,000
Metro: $246,000 · U.S.: $366,000
Home values, past year
+2.6%
Metro: +3.6% · U.S.: +1.2%
Typical rent
$1,158/mo
Metro: $1,302 · U.S.: $1,932
Rents, past year
+5.2%
Metro: +5.2% · U.S.: +2.9%
Population
39,876
ACS 2020–24
Median household income
$56,631
Metro: $72,550 · U.S.: $80,734
ZIP codes around 48911, shaded by typical home value4891148917488214884248823488644891048912
  • Under $170k
  • $170k–$230k
  • $230k–$260k
  • $260k–$300k
  • $300k+
  • No data
ZIP codes around 48911, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 48911 is outlined.

How 48911 compares

The typical home in ZIP code 48911 (Lansing, MI) is worth about $171,000, according to the Zillow Home Value Index for September 2026. Home values in 48911 are 30% below the typical value in the Lansing metro area ($246,000) and 53% below the U.S. typical value ($366,000).

Over the past year, home values in 48911 rose 2.6%, compared with +3.6% in the Lansing metro area and +1.2% nationally.

Typical rent is $1,158 a month (Zillow Observed Rent Index), 11% below the Lansing metro area ($1,302) and 40% below the U.S. ($1,932). Rents rose 5.2% over the past year.

The median household income is $56,631, against $72,550 in the Lansing metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 39,876 people live in 48911 (American Community Survey 2020–24).

48911 has the 7th-lowest typical home value of the 35 ZIP codes in the Lansing metro area and the 134th-lowest of 891 in Michigan with Zillow figures.

Part of: Lansing, MI · Ingham County, MI · Lansing metro area · Michigan

More for 48911 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 48911 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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