Cheap Apartments for Rent in the Colonial Village Neighborhood of Lansing, MI from $500 (59 Rentals)

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

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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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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Del Marr Apartments
1 to 2 Bedroom Apartments

Del Marr Apartments

2934 Mersey LnLansing, MI 48911
  • Utilities Included

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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MLK Flatz
Studio Apartments

MLK Flatz

4620 S Martin Luther King Jr BlvdLansing, MI 48910
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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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Colonial Woods
1 to 2 Bedroom Apartments

Colonial Woods

2001 W Mount Hope AveLansing, MI 48910
Senior Living
  • Utilities Included
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Reside 3031 Apartments
1 to 2 Bedroom Apartments

Reside 3031 Apartments

3031 S Washington AveLansing, MI 48910
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Capital Manor
Studio to 2 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
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Sandhurst
Studio to 1 Bedroom Apartments

Sandhurst

3811 Sandhurst DrLansing, 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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Simken Flatz
1 to 2 Bedroom Apartments

Simken Flatz

3501 Simken DrLansing, MI 48910

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hiland Flatz
1 to 2 Bedroom Apartments

Hiland Flatz

2901 Mersey LnLansing, MI 48911
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319 E Hillsdale
1 to 2 Bedroom Apartments

319 E Hillsdale

319 E Hillsdale StLansing, MI 48933
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Washington Apartments
Studio to 1 Bedroom Apartments

Washington Apartments

927 S Washington AveLansing, MI 48910
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Holmes Flatz
1 to 2 Bedroom Apartments

Holmes Flatz

2222 W Holmes RdLansing, MI 48911
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Cavanaugh Flatz
1 to 2 Bedroom Apartments

Cavanaugh Flatz

911 W Cavanaugh RdLansing, MI 48910
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Jolly Flatz
1 to 2 Bedroom Apartments

Jolly Flatz

645 E Jolly RdLansing, MI 48910
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Lansing Park Terrace
2 to 3 Bedroom Apartments

Lansing Park Terrace

3435 W Saint Joseph StLansing, MI 48917
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Colonial Village, Lansing, MI Local Guide

Cheapest Available Colonial Village Apartments for Rent

 

The cheapest available apartment rental in the Colonial Village area of Lansing, MI is a Studio unit found at Fred Apartments priced from $675. Brookewood South Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Colonial Village apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Fred ApartmentsStudioStudio,1BA$675
Brookewood South Apartments1 Bedroom1BR,1BA$745
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$750
Waverly Park ApartmentsOne Bedroom1BR,1BA$752
The "Wave"One Bedroom1BR,1BA$775
910 E. Jolly Rd. #1-12A * 1BR1BR,1BA$795
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$800
Baltic Flatz2 Bedroom/1 Bath2BR,1BA$800
The Grove @ Grove Park1 Bed, 1 bath1BR,1BA$850

Best Value Apartments for Rent in Colonial Village, MI

As of November 28, 2025 the best value apartment in the Colonial Village area is the $1.06 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 Colonial Village apartment is the 1039 S Pennsylvania Ave Model at 1039 S Pennsylvania Ave, Unit 1 - Down starting at $890 with a $0.68 price per square foot in the Square One neighborhood. Here is today’s list of the best values for Colonial Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cambridge ManorThree Bedroom3BR,2BA$1.06
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
Willis Apartments3 Bed / 1 Bath3BR,1BA$1.04
224 Crest St, Unit 2224 Crest St2BR,1BA$1.10
124 E Barnes Ave, Unit Main124 E Barnes Ave2BR,1BA$0.98
Cavanaugh Flatz2 Bedroom/1 Bath2BR,1BA$1.00
Baltic Flatz2 Bedroom/1 Bath2BR,1BA$0.94
Highland Holmes ApartmentsTwo Bedroom2BR,1BA$1.12
The "Wave"One Bedroom1BR,1BA$1.11
Holmes Flatz1 Bedroom/1 Bath1BR,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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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
Colonial Village, Lansing, MI

Ranked #46

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Colonial Village, Lansing, MI

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Michigan, including Lansing. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Colonial Village Neighborhood in Lansing, MI

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Colonial Village Apartments

What is the Cheapest Studio apartment in Colonial Village?

Currently the most affordable Cheap Studio Apartment in Colonial Village is at Fred Apartments listed at $675.

How much is rent for a Cheap One Bedroom Colonial Village Apartment?

The lowest price for a Cheap One Bedroom Colonial Village Apartment is $745 at Brookewood South Apartments.

What is the lowest price for a Cheap Two Bedroom Colonial Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colonial Village is starting from $800 at Baltic Flatz.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.