Cheap Apartments for Rent in Lansing, MI from $400 (200 Rentals)

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

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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property at 849 Baker St

849 Baker St

LansingMI48910
property at 831 Vine St

831 Vine St

LansingMI48912

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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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lansing, MI

Pricing Updated: 07/29/2025

Current apartment rentals in the Lansing, MI area range in price from $499 to $6,023 with an overall median price of $1,518. The three Lansing neighborhoods with the lowest median rent pricing are Old Everett at $995, Greencroft Park at $750, and Averill Woods at $785. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Old Everett$1,200$9958
Greencroft Park$1,272$75092
Averill Woods$1,300$78523
Groesbeck Area$1,325$499183
Westside$1,325$62562
Colonial Village$1,337$67587
Churchill Downs$1,350$80038
Wexford Heights$1,350$80033
Lansing Eaton$1,375$80036
Lewton Rich$1,375$75087

Cheapest Available Lansing Apartments for Rent

 

The cheapest available apartment rental in Lansing, MI is a 4 Beds unit found at 25 East in the Eastfield neighborhood priced from $525. 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
25 East4BR/2BA - Top Floor4BR,2BA$525
Fred ApartmentsStudioStudio,1BA$675
Bardaville ApartmentsSmall Unit1BR,1BA$675
Woodbridge Manor Apartments1 Bedroom Standard1BR,1BA$690
Carriage House ApartmentsOne Bedroom1BR,1BA$700
745 Burcham Dr2BR/1BA - 731 Burcham Drive2BR,1BA$750
Victory East Lansing2BR/1BA - 731 Burcham Drive2BR,1BA$750
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$750
The "Wave"One Bedroom1BR,1BA$775

Best Value Apartments for Rent in Lansing, MI

As of July 29, 2025 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 4x4.5 Townhome B Model at Hannah Lofts starting at $990 with a $0.58 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 Lofts4x4.5 Townhome B4BR,4.5BA$0.58
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.72
Campus Village-E. Lansing4 Bedroom 4 Bathroom4BR,4BA$0.63
Skyvue MI4 BEDROOM/4 BATHROOM - D14BR,4BA$0.65
426 W Saginaw St, Unit 1 Down426 W Saginaw St2BR,1BA$0.72
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.70
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
Block 364x44BR,4BA$0.39
Arbor Glen Apartments2 Bed 1 Bath (for 2 people rate per person)2BR,1BA$0.57

Quick Rent Budget Calculator

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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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Lansing, MI Apartments Map
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Getting Around Lansing, MI

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lansing Apartments

What is a cheap apartment in Lansing?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lansing is under $775.

What is the price of a cheap apartment in Lansing?

The cheapest apartment in Lansing is Bardaville Apartments which is listed at $675, while the average apartment in Lansing costs $1,518.

What types of apartments are the cheapest in Lansing?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 388 regular apartments in Lansing that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lansing?

Cheap apartments in Lansing have an average cost of $510 which is $1,008 cheaper than the average rent for all rentals in Lansing.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.