Apartments in Groesbeck East Lansing

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Groesbeck

An East Lansing Neighborhood

Summary

Groesbeck is a small ‘burb located right over the border between Lansing and East Lansing. Its central location and Sparrow hospital – a major employer in the area – makes the neighborhood a popular choice for young professionals and older students. Though it’s technically outside of East Lansing, it is actually less than a mile away from MSU and downtown Lansing. It is also only a few minutes from shopping in Eastwood and Frandor shopping. As far as housing goes, this area offers a variety of older housing with a lot of character.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$791
Studio
$827
1 Bedroom
$1,056
2 Bedrooms
$1,427
3 Bedrooms
$2,512
4 Bedrooms
$3,293
5+ Bedrooms
Get your search on...

East Lansing:
October Rent Report

Welcome to the October 2020 East Lansing Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the October 2020 key findings and figures for the East Lansing rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in East Lansing and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of East Lansing rent prices in the chart below.

Monthly Rent Report

East Lansing Rent Prices Decrease From September to October

East Lansing rent prices decreased over the last month. From September to October, the city experienced a -1.59% decrease for the price of a one-bedroom apartment. The rent price for a East Lansing one-bedroom apartments currently stands at $806.0.

When we take a look at the two-bedroom comparison from September to October, East Lansing experienced a -8.97% decrease for the price of a two-bedroom apartment. The rent price for a East Lansing two-bedroom apartments currently stands at $1,207.0.

October Prices: East Lansing vs. Surrounding Areas

Rent Prices in East Lansing and Surrounding Areas

Rent prices have decreased in East Lansing over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the East Lansing suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Okemos, MI, Cortland, NY, Haslett, MI, Williamston, MI .

  • Rent decreased in Lansing, MI, Holt, MI.

  • 3 suburbs are currently priced higher than the city of East Lansing.

  • 3 suburbs are currently priced lower than the city of East Lansing.

October 2020 Pricing Trends: East Lansing vs. National Comparisons

East Lansing Rent Prices More Affordable Than Major Cities

Rent growth in East Lansing over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, East Lansing rent prices appear to be relatively affordable for local residents.

The price for a East Lansing one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's October 2020 National Apartment Report and data set here.

For more information about East Lansing and surrounding area rent prices, take a look at the complete data set below.

Data set for East Lansing and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Lansing, MI $729.0 -0.27% $902.0 1.12%
East Lansing, MI $819.0 -1.44% $1,326.0 -9.74%
Okemos, MI $855.0 1.54% $998.0 1.42%
Cortland, NY $937.0 5.64% $1,232.0 16.89%
Holt, MI $1,170.0 -0.26% $1,418.0 0.64%
Haslett, MI $723.0 1.12% $934.0 -0.64%
Williamston, MI $735.0 0.27% $1,352.0 16.45%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.