Cheap Apartments for Rent in the Averill Woods Neighborhood of Lansing, MI from $500 (39 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
close
View Me
Del Marr Apartments
1 to 2 Bedroom Apartments

Del Marr Apartments

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

South Reo Apartments

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

Cavanaugh West

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

Somerset Apartments

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

Sandhurst

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

Colonial Woods

2001 W Mount Hope AveLansing, MI 48910
Senior Living
  • Utilities Included
close
View Me
Capital Manor
Studio to 2 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
  • 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.

Read Article
close
View Me
Midtown Apartments
Studio to 1 Bedroom Apartments

Midtown Apartments

224 W Kalamazoo StLansing, MI 48933
  • Utilities Included
close
View Me
MLK Flatz
Studio Apartments

MLK Flatz

4620 S Martin Luther King Jr BlvdLansing, MI 48910
close
View Me
Hiland Flatz
1 to 2 Bedroom Apartments

Hiland Flatz

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

Simken Flatz

3501 Simken DrLansing, MI 48910
close
View Me
532 Townsend St
1 to 2 Bedroom Apartments

532 Townsend St

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

Cavanaugh Flatz

911 W Cavanaugh RdLansing, MI 48910
close
View Me
Baltic Flatz
1 to 2 Bedroom Apartments

Baltic Flatz

927-1001 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.

Read Article
close
View Me
Lansing Park Terrace
2 to 3 Bedroom Apartments

Lansing Park Terrace

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

Kensington Meadows

4245 W Jolly RdLansing, MI 48911
  • Utilities Included
close
View Me
Ventnor Flatz
Studio to 2 Bedroom Apartments

Ventnor Flatz

1115-1156 Dorchester CirLansing, MI 48910
close
View Me
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.

Read Article
close
View Me
Carolina Flatz
1 to 3 Bedroom Apartments

Carolina Flatz

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

Riverview Estates

3407 W Mount Hope AveLansing, MI 48911
Showing Results 1-39, Page 1 of 1

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 $690. 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$690
Reside 30311 BR / 1 Bath1BR,1BA$725
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Hiland Flatz2 Bedroom/1 Bath2BR,1BA$800
Westbay Club ApartmentsOne Bedroom Garden1BR,1BA$845
The Grove @ Grove Park1 Bedroom1BR,1BA$900
Summerhill Estates ApartmentsOne Bedroom1BR,1BA$950
Riverview Estates2 Beds, 2 Baths2BR,2BA$995
Potomac VillagePotomac Apartments - Two Bedroom Upgraded **$50...2BR,1BA$1,200
Cambridge ManorTwo Bedroom2BR,2BA$1,225

Best Value Apartments for Rent in Averill Woods, MI

As of July 24, 2026 the best value apartment in the Averill Woods area is the $0.95 price per square foot Three Bedroom Model at Cambridge Manor in the in the Lansing Eaton neighborhood starting from $1,375. The second greatest value Averill Woods apartment is the Two Bedroom Model at Westwind Townhomes starting at $1,788 with a $1.49 price per square foot in the Old Oakland 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$0.95
Westwind TownhomesTwo Bedroom2BR,2BA$1.49
Potomac VillagePotomac Apartments - Two Bedroom Upgraded **$50...2BR,1BA$1.20
Riverview Estates2 Beds, 2 Baths2BR,2BA$1.00
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
Hiland Flatz2 Bedroom/1 Bath2BR,1BA$0.94
Summerhill Estates ApartmentsOne Bedroom1BR,1BA$1.27
The Grove @ Grove Park1 Bedroom1BR,1BA$1.29
Westbay Club ApartmentsOne Bedroom Garden1BR,1BA$1.30
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Averill Woods, Lansing, MI

Ranked #53

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Averill Woods Apartments

How much is rent for a Cheap One Bedroom Averill Woods Apartment?

The lowest price for a Cheap One Bedroom Averill Woods Apartment is $725 at Reside 3031.

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

Today's best deal for a Cheap Two Bedroom Apartment in Averill Woods is starting from $800 at Hiland Flatz.

What is the most affordable Averill Woods Three Bedroom Apartment?

The best deal on a cheap Averill Woods Three Bedroom Apartment rental is at Cambridge Manor and starts from $1,375.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.