HousingHandbookReference data

U.S. ZIP Code · MI48835

Clinton County · Lansing-East Lansing, MI

Typical home value

$299,403[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+5.6%
10-year / yr
+7.0%

Relative price

vs U.S.
+5.4%
vs metro
+15.4%
vs state
+25.2%
ZIP 48835 location in MI
Location of ZIP 48835 in MI

Price history

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

The typical home in 48835 is worth $299,403 — 15.4% above the Lansing-East Lansing, MI median. Over the past year, values have risen 4.3%. 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
$2,989[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
2,635[3]
Median household income
$81,964[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
2
Elementary
1
Middle
0
High
1
  • Waldron Elementary and Middle School

    Elementary · Grades K–8 · Fowler Public Schools

    260 students

  • Fowler High School

    High · Grades 9–12 · Fowler Public Schools

    177 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$1,514
Loan principal$239,523
Down payment$59,881
Total interest paid$305,498

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$2,013
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
83rd percentile[1]
Rental yield
[2]
Property tax
8th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48835?
The typical home in 48835 is worth $299,403, based on the Zillow Home Value Index.
Are home values rising in 48835?
Home values in 48835 are up 4.3% over the past year, and up 5.6% a year over five years.
What is the property tax rate in 48835?
The effective property tax rate in 48835 is 1.0% — roughly $2,989 a year on a typical home.
Who lives in 48835?
ZIP code 48835 has a population of 2,635 and a median household income of $81,964.

#Comparable ZIPs

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

  • Wacousta CDP, MI

    Typical home
    $301,150
    Gross yield
    5.8%
  • Dimondale, MI

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

    Typical home
    $294,276
    Gross yield
  • St. Johns, MI

    Typical home
    $291,419
    Gross yield
  • Haslett CDP, MI

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

    Typical home
    $284,248
    Gross yield

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