
Cheap Apartments for Rent in the Averill Woods Neighborhood of Lansing, MI from $510 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Averill Woods area of Lansing.


Colonial Place Apartments

Westbay Club Apartments

Waverly Park Apartments

The Grove @ Grove Park

3705 Burchfield Dr

Summerhill Estates Apartments

1120 W Washtenaw St

225 martin luther jr Blvd, Unit Apt 2
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.

Brookshires Townhomes

The Porter Senior Apartments

Del Marr Apartments

Executive House Apartments

South Reo Apartments

Cavanaugh West

Somerset Apartments

Sandhurst

Colonial Woods
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.

Capital Manor

Midtown Apartments

Pine Street Apartments

Hiland Flatz

Simken Flatz

Philip C. Dean Apartments

MLK Flatz

532 Townsend St

Cavanaugh Flatz
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.

Lansing Park Terrace

Kensington Meadows

Capitol Commons Seniors Apartments

Capitol Commons Apartments and Townhomes

Rivershell Lansing Apartments

Ventnor Flatz

Baltic Flatz

Holmes Flatz

Brookewood South Apartments
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.

Highland Holmes Apartments

Carolina Flatz

Riverview Estates

3407 W Mt Hope Ave

600 W Hodge Ave

Sycamore Townhomes

826 Sally Mae Terrace

3530 West Jolly Road

Twin Oaks
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.

Silver Stone Townhomes

Regency Townhomes

4927 Starr Ave
Averill Woods, Lansing, MI Local Guide

How much does it cost to rent an apartment in Averill Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Averill Woods Studio Apartments | $1,023 | $725 | $1,200 |
| Averill Woods 1 Bedroom Apartments | $1,020 | $799 | $1,400 |
| Averill Woods 2 Bedroom Apartments | $1,179 | $925 | $1,870 |
| Averill Woods 3 Bedroom Apartments | $1,314 | $1,150 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Averill Woods Neighborhood of Lansing, MI.
See all Apartments in LansingExplore Lansing
Averill Woods, Lansing, MI Local Guide
- Nearby Lansing neighborhoods
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Cheapest Available Averill Woods Apartments for Rent
 The cheapest available apartment rental in the Averill Woods area of Lansing, MI is a Studio unit found at MLK Flatz priced from $720. Reside 3031 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Averill Woods apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MLK Flatz | Studio | Studio,1BA | $720 |
| Reside 3031 | 1 BR / 1 Bath | 1BR,1BA | $725 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $750 |
| Hiland Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $800 |
| The Grove @ Grove Park | 1 Bedroom | 1BR,1BA | $900 |
| Holmes Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $900 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $940 |
| Summerhill Estates Apartments | Studio | Studio,1BA | $956 |
| Baltic Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $960 |
| Riverview Estates | 2 Beds, 2 Baths | 2BR,2BA | $995 |
Best Value Apartments for Rent in Averill Woods, MI
As of September 07, 2026 the best value apartment in the Averill Woods area is the $0.96 price per square foot Three Bedroom Model at Cambridge Manor in the in the Lansing Eaton neighborhood starting from $1,395. The second greatest value Averill Woods apartment is the Potomac Village | Two Bed | Two Bath | $500 Off... Model at Potomac Village starting at $1,200 with a $1.20 price per square foot in the Lansing Eaton neighborhood. Here is today’s list of the best values for Averill Woods apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cambridge Manor | Three Bedroom | 3BR,2BA | $0.96 |
| Potomac Village | Potomac Village | Two Bed | Two Bath | $500 Off... | 2BR,1BA | $1.20 |
| Riverview Estates | 2 Beds, 2 Baths | 2BR,2BA | $1.00 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Baltic Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $1.13 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $1.11 |
| Holmes Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $1.06 |
| Hiland Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.94 |
| The Grove @ Grove Park | 1 Bedroom | 1BR,1BA | $1.29 |
| Reside 3031 | 1 BR / 1 Bath | 1BR,1BA | $1.18 |
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 ArticleNavigating 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.
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.
Pet Friendly LifestyleAverill Woods, Lansing, MI
Ranked #51
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Averill Woods Apartments
What is the price of a cheap apartment in Averill Woods?
The cheapest apartment in Averill Woods is Reside 3031 which is listed at $725, while the average apartment in Averill Woods costs $1,050.
What types of apartments are the cheapest in Averill Woods?
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 4 regular apartments in Averill Woods 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 Averill Woods?
Cheap apartments in Averill Woods have an average cost of $209 which is $841 cheaper than the average rent for all rentals in Averill Woods.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.