Cheap Apartments for Rent in the Averill Woods Neighborhood of Lansing, MI from $510 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Averill Woods area of Lansing.

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.

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Del Marr Apartments
1 to 2 Bedroom Apartments

Del Marr Apartments

2934 Mersey LnLansing, MI 48911
  • Utilities Included
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South Reo Apartments
1 Bedroom Apartments

South Reo Apartments

2920 S Washington AveLansing, MI 48910
  • Utilities Included
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Cavanaugh West
1 to 2 Bedroom Apartments

Cavanaugh West

1120-1122 Mary AveLansing, MI 48910
  • Utilities Included
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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

1401 W Holmes RdLansing, MI 48910
Senior Living
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Sandhurst
Studio to 1 Bedroom Apartments

Sandhurst

3811 Sandhurst DrLansing, MI 48911
  • Utilities Included
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Colonial Woods
1 to 2 Bedroom Apartments

Colonial Woods

2001 W Mount Hope AveLansing, MI 48910
Senior Living
  • Utilities Included

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.

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Capital Manor
Studio to 2 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
  • Utilities Included
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Midtown Apartments
Studio to 1 Bedroom Apartments

Midtown Apartments

224 W Kalamazoo StLansing, MI 48933
  • Utilities Included
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Hiland Flatz
1 to 2 Bedroom Apartments

Hiland Flatz

2901 Mersey LnLansing, MI 48911
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Simken Flatz
1 to 2 Bedroom Apartments

Simken Flatz

3501 Simken DrLansing, MI 48910
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MLK Flatz
Studio Apartments

MLK Flatz

4620 S Martin Luther King Jr BlvdLansing, MI 48910
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532 Townsend St
1 to 2 Bedroom Apartments

532 Townsend St

532 Townsend StLansing, MI 48933
  • Smoke Free
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Cavanaugh Flatz
1 to 2 Bedroom Apartments

Cavanaugh Flatz

911 W Cavanaugh RdLansing, MI 48910

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.

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Lansing Park Terrace
2 to 3 Bedroom Apartments

Lansing Park Terrace

3435 W Saint Joseph StLansing, MI 48917
  • Utilities Included
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Kensington Meadows
3 to 4 Bedroom Apartments

Kensington Meadows

4245 W Jolly RdLansing, MI 48911
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Ventnor Flatz
Studio to 2 Bedroom Apartments

Ventnor Flatz

1115-1156 Dorchester CirLansing, MI 48910
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Baltic Flatz
1 to 2 Bedroom Apartments

Baltic Flatz

927-1001 W Cavanaugh RdLansing, MI 48910
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Holmes Flatz
1 to 2 Bedroom Apartments

Holmes Flatz

2222 W Holmes RdLansing, MI 48911

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.

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Carolina Flatz
1 to 3 Bedroom Apartments

Carolina Flatz

2411 Risdale AveLansing, MI 48911
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Riverview Estates
1 to 2 Bedroom Apartments

Riverview Estates

3407 W Mount Hope AveLansing, MI 48911
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Twin Oaks
2 Bedroom Apartments

Twin Oaks

3900 Burneway DrLansing, MI 48911
  • Utilities Included

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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Silver Stone Townhomes
1 to 3 Bedroom Apartments

Silver Stone Townhomes

5505 S Martin Luther King Jr BlvdLansing, MI 48911
  • Utilities Included
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Regency Townhomes
2 to 4 Bedroom Apartments

Regency Townhomes

1001-1003 Vincent CtLansing, MI 48910
  • Utilities Included

Averill Woods, Lansing, MI Local Guide

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 ListingModel NameBed/BathPriced From
MLK FlatzStudioStudio,1BA$720
Reside 30311 BR / 1 Bath1BR,1BA$725
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Hiland Flatz2 Bedroom/1 Bath2BR,1BA$800
The Grove @ Grove Park1 Bedroom1BR,1BA$900
Holmes Flatz2 Bedroom/1 Bath2BR,1BA$900
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$940
Summerhill Estates ApartmentsStudioStudio,1BA$956
Baltic Flatz2 Bedroom/1 Bath2BR,1BA$960
Riverview Estates2 Beds, 2 Baths2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cambridge ManorThree Bedroom3BR,2BA$0.96
Potomac VillagePotomac Village | Two Bed | Two Bath | $500 Off...2BR,1BA$1.20
Riverview Estates2 Beds, 2 Baths2BR,2BA$1.00
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
Baltic Flatz2 Bedroom/1 Bath2BR,1BA$1.13
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$1.11
Holmes Flatz2 Bedroom/1 Bath2BR,1BA$1.06
Hiland Flatz2 Bedroom/1 Bath2BR,1BA$0.94
The Grove @ Grove Park1 Bedroom1BR,1BA$1.29
Reside 30311 BR / 1 Bath1BR,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.

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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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Real 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.

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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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Pet Friendly Lifestyle
Averill Woods, Lansing, MI

Ranked #51

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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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.

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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.

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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.

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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.