Cheap Homes for Rent in East Lansing, MI from $700 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in East Lansing.

property at 509 S Pennsylvania Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Now

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East Lansing, MI Local Guide

Cheapest Neighborhoods for Apartments in East Lansing, MI

Pricing Updated: 02/16/2026

Current apartment rentals in the East Lansing, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for East Lansing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Patriarche Park$1,050$5808
Whitehills$1,687$499161
Downtown East Lansing$1,704$580100
Grand River$1,800$9308

Best Value Apartments for Rent in East Lansing, MI

As of February 16, 2026 the best value apartment in the 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 $1,100. The second greatest value East Lansing apartment is the 1033 E Cesar E Chavez Ave Model at 1033 E Cesar E Chavez Ave, Unit Down starting at $1,150 with a $0.72 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for 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
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.72
Masonic TempleApt 2013BR,2BA$0.55
Skyvue MI4 BEDROOM/4 BATHROOM - D14BR,4BA$0.65
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
Block 364x44BR,4BA$0.40
Campus Village-E. Lansing3 Bedroom 3 Bathroom3BR,3BA$0.85
1224 E Malcolm X St, Unit #11224 E Malcolm X St1BR,1BA$0.83
Glenwood Apartments2 Bed 1 Bath2BR,1BA$0.82
The Quarters East LansingB - 2x12BR,1BA$0.87

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

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about East Lansing

What type of rentals are currently available in East Lansing?

There are currently 363 Apartments for Rent in East Lansing, MI with pricing that ranges from $499 to $4,600. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lansing ranging from $750 to $5,000.

What is the current price range for Rental Homes in East Lansing?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Lansing ranges from $750 to $5,000 with an average monthly rent of $2,235.

How much are larger Three and Four Bedroom Rentals in East Lansing?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Lansing range from $609 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $499.

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

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.