
Cheap Homes for Rent in Lansing, IL from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lansing.


3 Waltham St

331 157th St

323 Memorial Dr
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.

814 Summer St

511-511 169th St

1601 Downs Dr

18361 Glen Oak Ave
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.
Lansing, IL Local Guide

How much does it cost to rent a home in Lansing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lansing 2 Bedroom Homes for Rent | $1,640 | $1,350 | $2,000 |
| Lansing 3 Bedroom Homes for Rent | $2,607 | $1,095 | $4,550 |
| Lansing 4 Bedroom Homes for Rent | $2,367 | $1,800 | $3,340 |
Browse Top Homes for Rent in Lansing
Explore Lansing
Lansing, IL Local Guide
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Cheapest Available Lansing Apartments for Rent
 The cheapest available apartment rental in Lansing, IL is a 1 Bed unit found at Ginger Ridge Apartments in the North River neighborhood priced from $900. Douglas Pointe Apartments in the Roxana neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,164. Here is today’s list of the most affordable Lansing apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ginger Ridge Apartments | The Redbud | 1BR,1BA | $900 |
| Douglas Pointe Apartments | 2x1 | 2BR,1BA | $1,164 |
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Lansing, IL
As of May 07, 2026 the best value apartment in the Lansing area is the $1.56 price per square foot 2BD/1BA Model at Hollywood Manor Townhomes in the in the Bernice neighborhood starting from $1,350. The second greatest value Lansing apartment is the 8 Waltham St Model at 8 Waltham St, Unit 1R starting at $975 with a $1.15 price per square foot in the Bernice neighborhood. Here is today’s list of the best values for Lansing apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hollywood Manor Townhomes | 2BD/1BA | 2BR,1BA | $1.56 |
| 8 Waltham St, Unit 1R | 8 Waltham St | 1BR,1BA | $1.15 |
| Douglas Pointe Apartments | 2x1 | 2BR,1BA | $1.37 |
| Bernice Homes | Two Bedroom home | 2BR,1BA | $1.69 |
| Barberry Apartments | 2 Bed | 2BR,1BA | $1.88 |
| Ginger Ridge Apartments | The Birch | 1BR,1BA | $1.39 |
| 18329 West St, Unit 3W | 18329 West St | 1BR,1BA | $1.71 |
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 ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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.
Best Local Schools in Lansing, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lansing, IL Rentals by Map
See the most popular apartments and homes in Lansing, IL
Frequently Asked Questions about Lansing
What type of rentals are currently available in Lansing?
There are currently 186 Apartments for Rent in Lansing, IL with pricing that ranges from $849 to $1,950. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $700 to $4,550.
What is the current price range for Rental Homes in Lansing?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lansing ranges from $700 to $4,550 with an average monthly rent of $1,941.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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.