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

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

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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Del Marr Apartments
1 to 2 Bedroom Apartments

Del Marr Apartments

2934 Mersey LnLansing, 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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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
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MLK Flatz
Studio Apartments

MLK Flatz

4620 S Martin Luther King Jr BlvdLansing, MI 48910
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Simken Flatz
1 to 2 Bedroom Apartments

Simken Flatz

3501 Simken DrLansing, MI 48910
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Hiland Flatz
1 to 2 Bedroom Apartments

Hiland Flatz

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

Baltic Flatz

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

Cavanaugh Flatz

911 W Cavanaugh RdLansing, MI 48910

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Holmes Flatz
1 to 2 Bedroom Apartments

Holmes Flatz

2222 W Holmes RdLansing, MI 48911
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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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Silver Stone Townhomes
1 to 3 Bedroom Apartments

Silver Stone Townhomes

5505 S Martin Luther King Jr BlvdLansing, MI 48911
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Carolina Flatz
1 to 3 Bedroom Apartments

Carolina Flatz

2411 Risdale AveLansing, MI 48911

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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Twin Oaks
2 Bedroom Apartments

Twin Oaks

3900 Burneway DrLansing, MI 48911
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Regency Townhomes
2 to 4 Bedroom Apartments

Regency Townhomes

1001-1003 Vincent CtLansing, MI 48910
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Showing Results 1-39, Page 1 of 1

Churchill Downs, Lansing, MI Local Guide

Cheapest Available Churchill Downs Apartments for Rent

 

The cheapest available apartment rental in the Churchill Downs area of Lansing, MI is a Studio unit found at MLK Flatz priced from $650. Reside 3031 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Churchill Downs apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
MLK FlatzStudioStudio,1BA$650
Reside 30311 BR / 1 Bath1BR,1BA$725
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$750
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$755
Hiland Flatz2 Bedroom/1 Bath2BR,1BA$800
Waverly Park ApartmentsOne Bedroom1BR,1BA$816
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$850
Brookewood South Apartments2 Bedroom2BR,1BA$875
The Grove @ Grove Park1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Churchill Downs, MI

As of May 30, 2026 the best value apartment in the Churchill Downs area is the $0.93 price per square foot Two Bedroom Model at Cambridge Manor in the in the Lansing Eaton neighborhood starting from $1,215. The second greatest value Churchill Downs apartment is the 2 Bedroom Townhome Model at 900 West Townhomes starting at $1,160 with a $1.30 price per square foot in the Lansing Eaton neighborhood. Here is today’s list of the best values for Churchill Downs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cambridge ManorTwo Bedroom2BR,2BA$0.93
900 West Townhomes2 Bedroom Townhome2BR,1.5BA$1.30
Hiland Flatz2 Bedroom/1 Bath2BR,1BA$0.94
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$1.00
Arbors at Georgetown1 Bedroom1BR,1BA$1.24
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$1.07
The Grove @ Grove Park1 Bedroom1BR,1BA$1.29
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$1.08
Brookewood South Apartments2 Bedroom2BR,1BA$1.36
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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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
Churchill Downs, Lansing, MI

Ranked #55

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 Churchill Downs Apartments

How much is rent for a Cheap One Bedroom Churchill Downs Apartment?

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

What is the lowest price for a Cheap Two Bedroom Churchill Downs Apartment for rent?

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

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.