Cheap Apartments for Rent in the Downtown East Lansing Neighborhood of East Lansing, MI from $400 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown East Lansing area of East Lansing.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 1541 Ann St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Aug 14

1541 Ann St

East LansingMI48823
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SOLO Apartments
Studio Apartments

SOLO Apartments

630 Abbot RdEast Lansing, MI 48823
Student Housing
  • Utilities Included
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Eastwind Apartments
1 to 2 Bedroom Apartments

Eastwind Apartments

1501-1551 East Lansing DrEast Lansing, MI 48823
Student Housing
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Riverside Apartments
Studio to 2 Bedroom Apartments

Riverside Apartments

1310-1320 E Grand River AveEast Lansing, MI 48823
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Dean Apartments
Studio to 3 Bedroom Apartments

Dean Apartments

427 Grove StEast Lansing, MI 48823
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Cambria Townhomes
2 Bedroom Apartments

Cambria Townhomes

1530-1618 Cambria DrEast Lansing, MI 48823
Student Housing
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

410 W Saginaw StEast Lansing, MI 48823
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Garten Haus
1 Bedroom Apartments

Garten Haus

400 Gunson StEast Lansing, MI 48823
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Stoddard Apartments
Studio to 1 Bedroom Apartments

Stoddard Apartments

134-144 Stoddard AveEast Lansing, MI 48823
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lowebrook Apartments
1 to 2 Bedroom Apartments

Lowebrook Apartments

1300 E Grand River AveEast Lansing, MI 48823
  • Utilities Included
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135 Kedzie St
1 Bedroom Apartments

135 Kedzie St

135 Kedzie StEast Lansing, MI 48823
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Beal Street Apartments
1 to 2 Bedroom Apartments

Beal Street Apartments

208-216 Beal StEast Lansing, MI 48823
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Cedarbrook Apartments
1 to 2 Bedroom Apartments

Cedarbrook Apartments

208 Cedar StEast Lansing, MI 48823
Student Housing
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Jo Don Apartments
1 Bedroom Apartments

Jo Don Apartments

5114 Jo Don DrEast Lansing, MI 48823
Student Housing
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Pleasant View
1 to 2 Bedroom Apartments

Pleasant View

311-315 W Grand River AveEast Lansing, MI 48823
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Brookport Apartments
1 Bedroom Apartments

Brookport Apartments

1308 Haslett RdEast Lansing, MI 48823
Student Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Uptowne Apartments
1 Bedroom Apartments

The Uptowne Apartments

238 W Saginaw StEast Lansing, MI 48823
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Norwood Apartments
1 to 2 Bedroom Apartments

Norwood Apartments

1328-1332 E Grand River AveEast Lansing, MI 48823
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Victory Studios
Studio Apartments

Victory Studios

129 Burcham DrEast Lansing, MI 48823
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Evergreen Point
1 to 4 Bedroom Apartments

Evergreen Point

314 Evergreen AveEast Lansing, MI 48823
Student Housing
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The Avenue Apartments
1 Bedroom Apartments

The Avenue Apartments

911 Marigold AveEast Lansing, MI 48823
Student Housing
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The Oaks Apartments
1 to 2 Bedroom Apartments

The Oaks Apartments

136 Reniger CtEast Lansing, MI 48823
Student Housing
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Cedar Greens Apartments
Studio to 4 Bedroom Apartments

Cedar Greens Apartments

1135 E Michigan AveEast Lansing, MI 48823
Student Housing
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Campus View Apartments
2 to 3 Bedroom Apartments

Campus View Apartments

324 Michigan AveEast Lansing, MI 48823
Student Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Downtown East Lansing, East Lansing, MI Local Guide

Cheapest Available Downtown East Lansing Apartments for Rent

 

The cheapest available apartment rental in the Downtown East Lansing area of East Lansing, MI is a 4 Beds unit found at Abbot Manor (910 Apartments, LLC) priced from $599. College Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Downtown East Lansing apartments for rent in East Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Abbot Manor (910 Apartments, LLC)Abbot Manor - Four Bedroom4BR,2BA$599
College Park ApartmentsOne Bedroom1BR,1BA$700
Timber LakeCanopyStudio,1BA$795
745 Burcham Dr2BR/1BA - 731 Burcham Drive2BR,1BA$800
Victory East Lansing2BR/1BA - 731 Burcham Drive2BR,1BA$800
Meridian Stratford Place Senior 55+ ApartmentsThe Avon1BR,1BA$805
Parkside Apartments ( Parkside East Inc.)Parkside Apartments - One Bedroom1BR,1BA$900
Amber Square Apartments and TownhomesStudioStudio,1BA$916
Prime Housing GroupCedarview East Apartments - 1 Bedroom1BR,1BA$930
Carriage Hill East Apartments and Townhomes2 Bedroom 1.5 Bath Apartment2BR,1BA$940

Best Value Apartments for Rent in Downtown East Lansing, MI

As of April 24, 2026 the best value apartment in the Downtown East Lansing area is the $0.65 price per square foot 4 Bed/4.5 Bath Townhome Deluxe Model at Hannah Townhomes & Lofts in the in the Michigan State University neighborhood starting from $1,105. The second greatest value Downtown East Lansing apartment is the 4 BEDROOM/4 BATHROOM - D1 Model at Skyvue MI starting at $875 with a $0.65 price per square foot in the Square One neighborhood. Here is today’s list of the best values for Downtown East Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hannah Townhomes & Lofts4 Bed/4.5 Bath Townhome Deluxe4BR,4.5BA$0.65
Skyvue MI4 BEDROOM/4 BATHROOM - D14BR,4BA$0.65
Campus Village-E. Lansing3 Bedroom 3 Bathroom3BR,3BA$0.85
Woodward Way2 Bedroom2BR,1.5BA$1.14
Carriage Hill East Apartments and Townhomes2 Bedroom 2 Bath2BR,2BA$1.08
Brentwood Apartments (460 Silver LLC)Brentwood Apartments - Two Bedroom *FREE FIRST ...2BR,1BA$1.08
Blakeview Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1.17
The Quarters East LansingB - 2x12BR,1BA$0.87
Meridian Stratford Place Senior 55+ ApartmentsThe Avon1BR,1BA$1.26
College Park ApartmentsOne Bedroom1BR,1BA$1.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown East Lansing, East Lansing, MI

Ranked #2

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown East Lansing, East Lansing, MI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central East Lansing, MI. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, places to raise kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown East Lansing Apartments

What is a cheap apartment in Downtown East Lansing?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown East Lansing is under $940.

What is the price of a cheap apartment in Downtown East Lansing?

The cheapest apartment in Downtown East Lansing is College Park Apartments which is listed at $700, while the average apartment in Downtown East Lansing costs $2,600.

What types of apartments are the cheapest in Downtown East Lansing?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 42 regular apartments in Downtown East Lansing that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.