
Cheap Homes for Rent in Downtown East Lansing Neighborhood of East Lansing, MI from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown East Lansing area of East Lansing.


128 Whitehills Dr, Unit 3, Unit 3

2208 Marcus St
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.

414 N Hayford Ave

2444 E Lake Lansing Rd

1617 N Hagadorn Rd
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.
Downtown East Lansing, East Lansing, MI Local Guide

How much does it cost to rent a home in Downtown East Lansing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown East Lansing 2 Bedroom Homes for Rent | $1,200 | $1,000 | $1,400 |
| Downtown East Lansing 3 Bedroom Homes for Rent | $2,059 | $1,175 | $3,000 |
| Downtown East Lansing 4 Bedroom Homes for Rent | $2,797 | $2,395 | $3,200 |
| Downtown East Lansing 5 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
| Downtown East Lansing 7 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown East Lansing Neighborhood of East Lansing, MI.
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Downtown East Lansing, East Lansing, MI Local Guide
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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 2 Beds unit found at Woodward Way priced from $412. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodward Way | 2 Bedroom | 2BR,1BA | $412 |
| College Park Apartments | One Bedroom | 1BR,1BA | $700 |
| Abbot Manor (910 Apartments, LLC) | Abbot Manor Apartments - Two Bedroom | 2BR,1BA | $725 |
Best Value Apartments for Rent in Downtown East Lansing, MI
As of May 18, 2026 the best value apartment in the Downtown East Lansing area is the $0.62 price per square foot 4 Bed/4.5 Bath Townhome Model at Hannah Townhomes & Lofts in the in the Michigan State University neighborhood starting from $1,045. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hannah Townhomes & Lofts | 4 Bed/4.5 Bath Townhome | 4BR,4BA | $0.62 |
| Skyvue MI | 4 BEDROOM/4 BATHROOM - D1 | 4BR,4BA | $0.65 |
| Campus Village-E. Lansing | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.85 |
| Kimberly House Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| Woodward Way | 2 Bedroom | 2BR,1.5BA | $0.40 |
| Hub East Lansing | 2x2 Flex | 2BR,2BA | $1.04 |
| Brentwood Apartments (460 Silver LLC) | Brentwood Apartments - Two Bedroom *FREE FIRST ... | 2BR,1BA | $1.08 |
| Blakeview Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.17 |
| Meridian Stratford Place Senior 55+ Apartments | The Berkshire | 2BR,1BA | $0.98 |
| College Park Apartments | One Bedroom | 1BR,1BA | $1.17 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleDowntown East Lansing, East Lansing, MI
Ranked #2
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown East Lansing, East Lansing, MI
School data provided by Great Schools
Frequently Asked Questions about Downtown East Lansing
What type of rentals are currently available in Downtown East Lansing?
There are currently 260 Apartments for Rent in Downtown East Lansing, MI with pricing that ranges from $412 to $4,600. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown East Lansing ranging from $1,000 to $5,000.
What is the current price range for Rental Homes in Downtown East Lansing?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown East Lansing ranges from $1,000 to $5,000 with an average monthly rent of $2,651.
How much are larger Three and Four Bedroom Rentals in Downtown East Lansing?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown East Lansing range from $423 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $660.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.