$3,750 Per Month
- 5 Beds
- 3.5 Baths
- 3,764 Sq Ft
- House for Rent
1 Alessandro Dr, Ithaca, NY 14850
1 Alessandro Dr, Ithaca, NY 14850
Frequently Asked Questions
How much does it cost to rent a home in Lansing, NY?
The median rent for a home in Lansing, NY is $2,000 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Lansing, NY?
To comfortably afford the median rent in Lansing, NY, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Lansing, NY, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lansing, NY?
In Lansing, NY, the price-to-rent ratio is 17.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lansing, NY are best for renting a home?
The best neighborhood for renting in Lansing, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Fall Creek, East Hill, South Hill, Bryant Park and Belle Sherman and Varna, each with its own character and price range.
