HousingHandbookReference data

U.S. ZIP Code · MI48813

Eaton County · Lansing-East Lansing, MI

Typical home value

$239,313[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.9%
5-year / yr
+4.5%
10-year / yr
+6.0%

Relative price

vs U.S.
-15.8%
vs metro
-7.8%
vs state
≈ state median
ZIP 48813 location in MI
Location of ZIP 48813 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48813 is worth $239,313 — 7.8% below the Lansing-East Lansing, MI median. Over the past year, values have risen 2.9%. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$2,862[3]

#Climate risk

FEMA National Risk Index ratings for Eaton County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
20,564[3]
Median household income
$80,429[3]

#Migration

Household moves in and out of Eaton County over a year, from IRS tax-return data.

Net migration
-59[5]
Moved in
3,711
Moved out
3,770

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
10
Elementary
3
Middle
2
High
2
  • Charlotte Senior High School

    High · Grades 8–12 · Charlotte Public Schools

    666 students

  • Charlotte Upper Elementary School

    Middle · Grades 4–8 · Charlotte Public Schools

    530 students

  • Charlotte Middle School

    Middle · Grades 7–8 · Charlotte Public Schools

    362 students

  • Parkview Elementary School

    Elementary · Grades K–3 · Charlotte Public Schools

    303 students

  • Washington Elementary School

    Elementary · Grades 1–3 · Charlotte Public Schools

    249 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,210
Loan principal$191,450
Down payment$47,863
Total interest paid$244,184

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,649
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
22nd percentile[1]
Rental yield
[2]
Property tax
39th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48813?
The typical home in 48813 is worth $239,313, based on the Zillow Home Value Index.
Are home values rising in 48813?
Home values in 48813 are up 2.9% over the past year, and up 4.5% a year over five years.
What is the property tax rate in 48813?
The effective property tax rate in 48813 is 1.2% — roughly $2,862 a year on a typical home.
Who lives in 48813?
ZIP code 48813 has a population of 20,564 and a median household income of $80,429.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Leslie, MI

    Typical home
    $239,603
    Gross yield
  • Sunfield, MI

    Typical home
    $242,002
    Gross yield
  • Bellevue, MI

    Typical home
    $244,176
    Gross yield
  • Mulliken, MI

    Typical home
    $233,288
    Gross yield
  • Olivet, MI

    Typical home
    $232,831
    Gross yield
  • Vermontville, MI

    Typical home
    $230,690
    Gross yield

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