HousingHandbookReference data

U.S. ZIP Code · MI48822

Clinton County · Lansing-East Lansing, MI

Typical home value

$321,274[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.2%
5-year / yr
+4.6%
10-year / yr
+6.5%

Relative price

vs U.S.
+13.1%
vs metro
+23.8%
vs state
+34.4%
ZIP 48822 location in MI
Location of ZIP 48822 in MI

Price history

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

The typical home in 48822 is worth $321,274 — 23.8% above the Lansing-East Lansing, MI median. Over the past year, values have risen 0.2%. The effective property tax rate is 1.0%.

#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
1.0%[3]
Typical annual tax
$3,183[3]

#Climate risk

FEMA National Risk Index ratings for Clinton 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
Very Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
2,379[3]
Median household income
$91,299[3]

#Migration

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

Net migration
-62[5]
Moved in
2,610
Moved out
2,672

Schools

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

Public schools
1
Elementary
1
Middle
0
High
0
  • Wacousta Elementary School

    Elementary · Grades K–4 · Grand Ledge Public Schools

    433 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$1,625
Loan principal$257,019
Down payment$64,255
Total interest paid$327,813

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$2,157
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
28th percentile[1]
Rental yield
[2]
Property tax
6th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48822?
The typical home in 48822 is worth $321,274, based on the Zillow Home Value Index.
Are home values rising in 48822?
Home values in 48822 are up 0.2% over the past year, and up 4.6% a year over five years.
What is the property tax rate in 48822?
The effective property tax rate in 48822 is 1.0% — roughly $3,183 a year on a typical home.
Who lives in 48822?
ZIP code 48822 has a population of 2,379 and a median household income of $91,299.

#Comparable ZIPs

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

  • East Lansing, MI

    Typical home
    $325,392
    Gross yield
    4.1%
  • Bath CDP, MI

    Typical home
    $326,252
    Gross yield
  • Williamston, MI

    Typical home
    $328,400
    Gross yield
  • Haslett CDP, MI

    Typical home
    $311,398
    Gross yield
    5.1%
  • Dimondale, MI

    Typical home
    $304,022
    Gross yield
  • Westphalia, MI

    Typical home
    $340,734
    Gross yield

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