Cheap Homes for Rent in East Lansing, MI from $700 (16 Rentals)

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

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.

property at 1007 Mahlon St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

1007 Mahlon St

LansingMI48906

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.

property at 508 N Foster Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

508 N Foster Ave

LansingMI48912
property at 117 S Homer St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Apr 10

117 S Homer St

LansingMI48912

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.

East Lansing, MI Local Guide

Cheapest Neighborhoods for Apartments in East Lansing, MI

Pricing Updated: 04/02/2026

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$58015
Grand River$1,692$8856
Downtown East Lansing$2,600$580101
Whitehills$3,000$499165

Cheapest Available East Lansing Apartments for Rent

 

The cheapest available apartment rental in East Lansing, MI is a 4 Beds unit found at Abbot Manor in the Square One neighborhood priced from $599. The Cottages in the Meridian Township Okemos neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $625. Here is today’s list of the most affordable East Lansing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abbot ManorAbbot Manor - Four Bedroom4BR,2BA$599
The CottagesThe Cottages Quad Split - Four Bedroom -JOIN OU...4BR,4BA$625
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$700
Pacific FlatzA1. 1 Bedroom/1 Bath1BR,1BA$700
College Park ApartmentsOne Bedroom1BR,1BA$700

Best Value Apartments for Rent in East Lansing, MI

As of April 02, 2026 the best value apartment in the East Lansing area is the $0.63 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 $1,060. The second greatest value 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 East Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hannah Townhomes & Lofts4 Bed/4.5 Bath Townhome4BR,4BA$0.63
Skyvue MI4 BEDROOM/4 BATHROOM - D14BR,4BA$0.65
Block 364x44BR,4BA$0.41
Campus Village-E. Lansing3 Bedroom 3 Bathroom3BR,3BA$0.85
Homestead ApartmentsSpringbrook2BR,1BA$1.06
The Club at Chandler Crossings2 BED 2 BATH - EMERALD2BR,2BA$0.95
The Landings at Chandler Crossings2 BED 2 BATH - EMERALD2BR,2BA$0.90
Pacific FlatzB1. 2 Bedroom/1 Bath2BR,1BA$1.06
The Quarters East LansingB - 2x12BR,1BA$0.87
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$1.00

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

Explore East Lansing, MI Rentals by Map

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Frequently Asked Questions about East Lansing

What type of rentals are currently available in East Lansing?

There are currently 356 Apartments for Rent in East Lansing, MI with pricing that ranges from $499 to $4,600. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lansing ranging from $790 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 $790 to $5,000 with an average monthly rent of $2,298.

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 $1,100 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,100 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.