HousingHandbookReference data

U.S. ZIP Code · MI48910

Ingham County · Lansing-East Lansing, MI

Typical home value

$144,180[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.1%
5-year / yr
+6.2%
10-year / yr
+8.8%

Relative price

vs U.S.
-49.2%
vs metro
-44.4%
vs state
-39.7%
ZIP 48910 location in MI
Location of ZIP 48910 in MI

Price history

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

The typical home in 48910 is worth $144,180 — 44.4% below the Lansing-East Lansing, MI median. Over the past year, values have risen 5.1%. Homes here rent for a typical $1,272 a month — a 10.6% gross rental yield. The effective property tax rate is 2.0%.

#Rent & investment

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

Monthly rent
$1,272[2]
Gross yield
10.6%[2]
Cap rate
6.4%[2]

#Property tax

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

Effective tax rate
2.0%[3]
Typical annual tax
$2,904[3]

#Climate risk

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

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

#Who lives here

Population
32,800[3]
Median household income
$54,712[3]

#Migration

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

Net migration
-616[5]
Moved in
8,474
Moved out
9,090

Schools

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

Public schools
11
Elementary
5
Middle
0
High
3
  • Everett High School

    High · Grades 8–12 · Lansing Public School District

    1,090 students

  • Lansing Charter Academy

    Elementary · Grades K–8 · Lansing Charter Academy

    467 students

  • Capital Area K12 Online

    Other · Grades K–12 · Lansing Public School District

    396 students

  • Cavanaugh School

    Elementary · Grades PK–3 · Lansing Public School District

    271 students

  • Forest View School

    Elementary · Grades PK–4 · Lansing Public School District

    265 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 yield10.6%
Net yield (after ~40% expenses)6.4%
Annual rent$15,267

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$729
Loan principal$115,344
Down payment$28,836
Total interest paid$147,115

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 ratio0.86
Monthly cost to own$1,091
Monthly rent$1,272

Owning is meaningfully cheaper month-to-month.

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
94th percentile[1]
Rental yield
92nd percentile[2]
Property tax
97th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48910?
The typical home in 48910 is worth $144,180, based on the Zillow Home Value Index.
Are home values rising in 48910?
Home values in 48910 are up 5.1% over the past year, and up 6.2% a year over five years.
What is the typical rent in 48910?
A typical home in 48910 rents for about $1,272 a month, a gross rental yield of 10.6%.
What is the property tax rate in 48910?
The effective property tax rate in 48910 is 2.0% — roughly $2,904 a year on a typical home.
Who lives in 48910?
ZIP code 48910 has a population of 32,800 and a median household income of $54,712.

#Comparable ZIPs

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

  • Lansing, MI

    Typical home
    $136,579
    Gross yield
    11.2%
  • Lansing, MI

    Typical home
    $126,635
    Gross yield
    9.6%
  • Lansing, MI

    Typical home
    $167,435
    Gross yield
    8.3%
  • Maple Rapids, MI

    Typical home
    $169,321
    Gross yield
  • Lansing, MI

    Typical home
    $169,749
    Gross yield
    7.0%
  • Lansing, MI

    Typical home
    $170,539
    Gross yield
    6.1%

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