Cheap Apartments for Rent in Lansing, MI from $400 (227 Rentals)

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

property at 147 Isbell St

$700 - $750

1 Bedroom Rentals

Available Now

147 Isbell St

LansingMI48910

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.

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lansing, MI Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Lansing, MI

Pricing Updated: 03/19/2026

Current apartment rentals in the Lansing, MI area range in price from $740 to $3,000 with an overall median price of $2,199. The three Lansing neighborhoods with the lowest median rent pricing are Bassett Park at $745, Edgemont Park at $745, and Genesee at $745. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bassett Park$1,702$74518
Edgemont Park$1,702$74519
Genesee$1,702$74512
Hull Court Park$1,702$74520
Knollwood-Willow$1,702$74522
Northwestside$1,702$74516
Old Oakland$1,702$74519
Shady Oak$1,702$74518
Westside$1,702$74511
Coachlight$1,800$9998

Cheapest Available Lansing Apartments for Rent

 

The cheapest available apartment rental in Lansing, MI is a 2 Beds unit found at Abigail Senior in the North Lansing neighborhood priced from $475. Abbot Manor (910 Apartments, LLC) in the Square One neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. Here is today’s list of the most affordable Lansing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abigail SeniorThe Gertrude 30%2BR,1BA$475
Abbot Manor (910 Apartments, LLC)Abbot Manor - Four Bedroom4BR,2BA$599
The Cottages (Cottages Hunsaker 1 LLC)The Cottages Quad Split - Four Bedroom -JOIN OU...4BR,4BA$625
Chestnut FlatzStudioStudio,1BA$625
Fred ApartmentsStudioStudio,1BA$675
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$700
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$700
College Park ApartmentsOne Bedroom1BR,1BA$700

Best Value Apartments for Rent in Lansing, MI

As of March 19, 2026 the best value apartment in the 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 Lansing apartment is the 220 W Oakland Ave Model at 220 W Oakland Ave 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 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
220 W Oakland Ave220 W Oakland Ave3BR,1BA$0.78
Skyvue MI4 BEDROOM/4 BATHROOM - D14BR,4BA$0.65
Cambridge ManorTwo Bedroom2BR,2BA$0.88
Block 364x44BR,4BA$0.41
Campus Village-E. Lansing3 Bedroom 3 Bathroom3BR,3BA$0.85
Abigail SeniorThe Grace 60%2BR,1BA$0.89
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
The Quarters East LansingB - 2x12BR,1BA$0.87
Chestnut FlatzStudioStudio ,1BA$0.89

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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Lansing Overview

Apartments in Lansing, MI are numerous and unique. You’ll get the best of both worlds by living in Lansing. Grand Rapids is only a short drive away if you want more city life. If you end up needing a break from the crowds, all you have to do is head north.

Why live in Lansing, MI?

Lansing, MI has plenty going for it. North of the city, there are virtually unlimited opportunities to get away from the big city when you need a retreat. There are plenty of rivers, lakes, trails and forests at your disposal. You’ll find that the city is perfectly situated in the US to give you the full experience of all four seasons. The Grand River near the city offers both scenic and recreational opportunities. Museums, theaters and a zoo can be found within the city, giving you plenty to do on your days off. It is a great place to locate an apartment and settle down.

Best Local Schools in
Lansing, MI

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

Explore Lansing, MI Rentals by Map

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See the most popular apartments and homes in Lansing, MI

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Frequently Asked Questions about Cheap Lansing Apartments

What is the Cheapest Studio apartment in Lansing?

Currently the most affordable Cheap Studio Apartment in Lansing is at Chestnut Flatz listed at $625.

How much is rent for a Cheap One Bedroom Lansing Apartment?

The lowest price for a Cheap One Bedroom Lansing Apartment is $700 at Baltic Flatz.

What is the lowest price for a Cheap Two Bedroom Lansing Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lansing is starting from $475 at Abigail Senior.

What is the most affordable Lansing Three Bedroom Apartment?

The best deal on a cheap Lansing Three Bedroom Apartment rental is at Abbot Manor (910 Apartments, LLC) and starts from $799.

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.