NAICS 53

Real Estate and Rental and Leasing in Lansing-East Lansing, MI

Metro Market Score 44.5 (Moderate), ranked #182 of 330 metros. 388 establishments, 3,301 jobs.

Metro Market Assessment

Metro Market Score 44.5
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

📈Rapid Growth

Lansing-East Lansing ranks in the lower half for real estate and rental and leasing market conditions, driven by above-average employment growth. With a market score of 44.5, conditions are relatively favorable compared to most metros.

Industry Concentration
73.9
LQ: 0.97
Rank #244 of 330 metros
Wage Competitiveness
70.9
$62,104 avg wage
Growth Trend
↑ 84.2
Employment growth index
Rank #53 of 330 metros
Wage Pressure
17.9
YoY wage change index

388 Real Estate and Rental and Leasing Firms in Lansing-East Lansing

388
Establishments
-10.8% YoY
3,301
Total Employment
+5.6% YoY
$62,104
Average Annual Wage
+4.2% YoY
0.97
Location Quotient
Below national avg

Lansing-East Lansing vs Michigan Statewide

How this metro's real estate and rental and leasing market compares to Michigan overall. The state ranks #26/51 for entry risk.

Measure Lansing-East Lansing MI Statewide
Overall Score 44.5 Moderate 39.3 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #182 of 330 metros #26 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Lansing-East Lansing

Healthcare and Social Assistance 34.2 Accommodation and Food Services 34.6 Construction 39.8 Finance and Insurance 50.5 Retail Trade 55.0 Administrative and Support Services 59.3 Information 61.6 Other Services 64.9

Real Estate and Rental and Leasing in Other Michigan Metros

Saginaw 8.4 #2/330 Monroe 19.6 #24/330 Bay City 23.0 #36/330 Jackson 27.4 #54/330 Grand Rapids-Wyoming-Kentwood 30.2 #71/330 Muskegon-Norton Shores 31.8 #79/330 Battle Creek 34.5 #93/330 Traverse City 38.5 #121/330 Niles 38.9 #130/330 Flint 40.7 #148/330

+ 4 more metros. View all in Michigan →

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Lansing-East Lansing's real estate and rental and leasing sector, the industry concentration component (73.9) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.