Fastest-Appreciating ZIP Codes in Lansing-East Lansing, MI (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 48933 Lansing, MI $173,139 $970 4.37% 7.3%
2 48476 Vernon, MI $166,953 $873 4.08% 6.6%
3 48894 Westphalia, MI $353,274 $954 2.11% 6.4%
4 48910 Lansing, MI $147,514 $1,287 6.81% 5.9%
5 48823 East Lansing, MI $331,532 $1,304 3.07% 5.7%
6 48842 Holt, MI $274,056 $1,524 4.34% 5.5%
7 48890 Sunfield, MI $249,589 $1,089 3.40% 5.5%
8 48835 Fowler, MI $310,130 $918 2.31% 5.5%
9 48912 Lansing, MI $141,483 $1,178 6.49% 5.5%
10 48911 Lansing, MI $175,778 $1,086 4.82% 5.5%
11 49021 Bellevue, MI $254,161 $1,134 3.48% 5.5%
12 48867 Owosso, MI $190,563 $1,028 4.21% 5.4%
13 48915 Lansing, MI $128,075 $1,165 7.10% 5.4%
14 48817 Corunna, MI $206,980 $1,053 3.97% 5.3%
15 48917 Lansing, MI $265,303 $1,412 4.15% 5.3%
16 49264 Onondaga, MI $268,735 $918 2.66% 5.3%
17 48879 Saint Johns, MI $299,818 $972 2.53% 5.2%
18 48840 Haslett, MI $314,690 $1,335 3.31% 5.2%
19 48827 Eaton Rapids, MI $259,734 $1,089 3.27% 5.0%
20 48857 Morrice, MI $253,066 $1,125 3.47% 5.0%
21 48837 Grand Ledge, MI $306,711 $1,663 4.23% 5.0%
22 49073 Nashville, MI $223,676 $1,044 3.64% 5.0%
23 48820 Dewitt, MI $370,510 $1,891 3.98% 5.0%
24 48808 Bath, MI $335,779 $1,287 2.99% 4.9%
25 48418 Byron, MI $304,290 $1,368 3.51% 4.9%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →