Cheap Homes for Rent near East Lansing, MI from $700 (15 Rentals)

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

property at 123 S Francis Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

3 Bedroom, 2 Bath Home for Rent

Available Now

123 S Francis Ave

LansingMI48912

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 427 Seymour Ave

$850 - $1,300

1 To 2 Bedroom Rentals

Available Now

427 Seymour Ave

LansingMI48933
property at 4808 Ardmore Ave

$1,155

Total Monthly Price

Total Monthly Price

Base Rent
$1,155

Total Monthly Price
$1,155

2 Bedroom, 1 Bath Townhome for Rent

Available Nov 1

4808 Ardmore Ave, Unit 2

4808 Ardmore Ave
OkemosMI48864
property at 809 E Gier 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 Sep 7

809 E Gier St

LansingMI48906
property at 1135 Ralph St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

1135 Ralph St

LansingMI48906

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

East Lansing, MI Local Guide

Cheapest Neighborhoods for Apartments in East Lansing, MI

Pricing Updated: 08/16/2026

Current apartment rentals in the East Lansing, MI area range in price from $437 to $4,600 with an overall median price of $1,272. 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$69918
Downtown East Lansing$1,225$43797
Whitehills$1,295$437172
Grand River$1,489$86921

Cheapest Available East Lansing Apartments for Rent and Nearby

 

The cheapest available apartment rental in East Lansing, MI is a 3 Beds unit found at Woodward Way in the Meridian Township Okemos neighborhood priced from $437. 25 East in the East Lansing neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. Here is today’s list of the most affordable East Lansing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodward Way3x23BR,2BA$437
25 East4BR/2BA - Top Floor4BR,2BA$620
The Cottages (Cottages Hunsaker 1 LLC)The Cottages Quad Split - Four Bedroom -JOIN OU...4BR,4BA$625
Meridian Stratford Place Senior 55+ ApartmentsThe Avon1BR,1BA$713
Abbot Manor (910 Apartments, LLC)Two Bed | One Bath2BR,1BA$725

Best Value Apartments for Rent in East Lansing, MI and Nearby

As of August 16, 2026 the best value apartment in the East Lansing area is the $0.72 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 $1,205. 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 $1,250 with a $0.78 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 Townhome4BR,4BA$0.72
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.78
The Club at Chandler Crossings4 BED 4 BATH - EMERALD4BR,4BA$0.44
25 East4BR/2BA - Top Floor4BR,2BA$0.51
Kimberly House Apartments2 Beds, 1 bath2BR,1BA$0.91
The Landings at Chandler Crossings2 BED 2 BATH - EMERALD2BR,2BA$0.91
The Village at Chandler Crossings2 BED 2 BATH - SPARTAN2BR,2BA$0.89
The Quarters East LansingB - 2x12BR,1BA$0.97
Woodward Way1x11BR,1BA$0.92
Cedar Village Apartments2 bed, 1 bath for 3 people (rate per person)2BR,1BA$0.81

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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Real 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.

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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 363 Apartments for Rent in East Lansing, MI with pricing that ranges from $437 to $4,600. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Lansing ranging from $750 to $3,750.

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 $3,750 with an average monthly rent of $1,563.

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 $437 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $509.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.