Cheap Apartments for Rent in Lansing, MI from $400 (235 Rentals)

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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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property at 147 Isbell St

$700 - $750

1 Bedroom Rentals

Available Now

147 Isbell St

LansingMI48910

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: 02/02/2026

Current apartment rentals in the Lansing, MI area range in price from $699 to $99,999 with an overall median price of $1,852. The three Lansing neighborhoods with the lowest median rent pricing are The Stadium District at $1,300, Colonial Village at $750, and Creston Area at $1,375. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
The Stadium District$1,400$1,3002
Colonial Village$1,450$75031
Creston Area$1,450$1,3752
Forest View$1,450$1,2955
Averill Woods$1,499$79517
Lewton Rich$1,499$79523
Scottsdale$1,500$9953
Riverview Estates$1,524$79516
Churchill Downs$1,550$97513
Clifford Park$1,550$75041

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. Fred Apartments in the Colonial Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. 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
Fred ApartmentsStudioStudio,1BA$675
College Park ApartmentsOne Bedroom1BR,1BA$700
Pacific FlatzA1. 1 Bedroom/1 Bath1BR,1BA$700
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$700
Woodbridge Manor Apartments1 Bedroom Standard1BR,1BA$715
Evergreen Park Townhomes and ApartmentsMaplewood1BR,1BA$720
Brookewood South Apartments1 Bedroom1BR,1BA$729

Best Value Apartments for Rent in Lansing, MI

As of February 02, 2026 the best value apartment in the Lansing area is the $0.27 price per square foot 501 N Walnut St Model at 501 N Walnut St, Unit 1 in the in the Downtown Lansing neighborhood starting from $625. The second greatest value Lansing apartment is the 4 Bed/4.5 Bath Townhome Deluxe Model at Hannah Townhomes & Lofts starting at $1,100 with a $0.65 price per square foot in the Michigan State University 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.
501 N Walnut St, Unit 1501 N Walnut St1BR,1BA$0.27
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
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.72
424 W Saginaw St, Unit 1 - Down424 W Saginaw St2BR,1BA$0.72
426 W Saginaw St, Unit 1 Down426 W Saginaw St2BR,1BA$0.72
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
Block 364x44BR,4BA$0.46

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.

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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 Fred Apartments listed at $675.

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 Plumtree Apartments and starts from $1,200.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.