Cheap Apartments for Rent in the Bingham Neighborhood of Lansing, MI from $450 (87 Rentals)

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

property at 312 Jones St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

3 Bedroom, 2 Bath Home for Rent

Available Now

312 Jones St

LansingMI48912
property at 123 S Francis Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

3 Bedroom, 2 Bath Home for Rent

Available Now

123 S Francis Ave

LansingMI48912

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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property at 128 S Hosmer St

$795 - $1,050

Studio To 3 Bedroom Rentals

Available Sep 1

128 S Hosmer St

LansingMI48912

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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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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property at 214 E Elm St

$995

1 Bedroom Rentals

Available Now

214 E Elm St

LansingMI48910

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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Coolidge Arms
1 to 2 Bedroom Apartments

Coolidge Arms

921 Coolidge RdLansing, MI 48912
  • Utilities Included
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Riverwalk Apartments
3 Bedroom Apartments

Riverwalk Apartments

232 S Clippert StLansing, MI 48912
Student Housing
  • Utilities Included
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916 W Ottawa St
1 to 2 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
  • Utilities Included
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Riverfront Towers
1 to 2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
  • Utilities Included
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Capital Manor
Studio to 2 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
  • 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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Showing Results 1-50, Page 1 of 2

Bingham, Lansing, MI Local Guide

Cheapest Available Bingham Apartments for Rent

 

The cheapest available apartment rental in the Bingham area of Lansing, MI is a 1 Bed unit found at Reside 517 LLC priced from $700. Walnut Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Bingham apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Reside 517 LLC1BR/1.0BA1BR,1BA$700
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$700
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Shiawassee ApartmentsShiawassee Apartments | Studio | One BathStudio,1BA$750
Shiawassee Apartments1 BR / 1 Bath1BR,1BA$775
Pennsylvania Flats1 Bed 1 Bath Apt.1BR,1BA$775
Capitol ParkThe One Bedroom1BR,1BA$807

Best Value Apartments for Rent in Bingham, MI

As of August 28, 2026 the best value apartment in the Bingham area is the $0.26 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 $595. The second greatest value Bingham apartment is the 609 Bluff St Model at 609 Bluff St starting at $1,400 with a $0.82 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for Bingham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 N Walnut St, Unit 1501 N Walnut St1BR,1BA$0.26
609 Bluff St609 Bluff St3BR,1BA$0.82
Skyvue MI4 BEDROOM/4 BATHROOM - D14BR,4BA$0.49
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.78
Campus Village-E. Lansing4 Bedroom 4 Bathroom4BR,4BA$0.75
422 W Saginaw St, Unit 1 - Down422 W Saginaw St2BR,1BA$0.72
Kimberly House Apartments2 Beds, 1 bath2BR,1BA$0.91
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
Capitol ParkThe One Bedroom1BR,1BA$1.02
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.00

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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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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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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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Michigan, including Lansing. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Bingham Apartments

What is a cheap apartment in Bingham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bingham is under $807.

What is the price of a cheap apartment in Bingham?

The cheapest apartment in Bingham is Reside 517 LLC which is listed at $700, while the average apartment in Bingham costs $1,295.

What types of apartments are the cheapest in Bingham?

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 50 regular apartments in Bingham 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 Bingham?

Cheap apartments in Bingham have an average cost of $488 which is $807 cheaper than the average rent for all rentals in Bingham.

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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.