Cheap Apartments for Rent in the Bingham Neighborhood of Lansing, MI from $500 (90 Rentals)

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

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 Jul 31

123 S Francis Ave

LansingMI48912

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 233 N Chestnut St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

233 N Chestnut St

LansingMI48933

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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Coolidge Arms
1 to 2 Bedroom Apartments

Coolidge Arms

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

Riverwalk Apartments

232 S Clippert StLansing, MI 48912
Student Housing
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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
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Midtown Apartments
Studio to 1 Bedroom Apartments

Midtown Apartments

224 W Kalamazoo StLansing, MI 48933
  • 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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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 $675. 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$675
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$700
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$750
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$750
Shiawassee ApartmentsShiawassee Apartments - StudioStudio,1BA$750
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Shiawassee Apartments1 BR / 1 Bath1BR,1BA$775
Capitol ParkThe One Bedroom1BR,1BA$807

Best Value Apartments for Rent in Bingham, MI

As of July 14, 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$0.59
Campus Village-E. Lansing3 Bedroom 3 Bathroom3BR,3BA$0.85
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
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$1.07
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$1.07

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 $675, while the average apartment in Bingham costs $1,830.

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 34 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 $549 which is $1,281 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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