Cheap Homes for Rent in Colonial Village Neighborhood of Lansing, MI from $800 (14 Rentals)

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Search the lowest-cost Homes 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

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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. Baltic Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Colonial Village apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Fred ApartmentsStudioStudio,1BA$675
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$700
The "Wave"One Bedroom1BR,1BA$775
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$800
Cherry HillStudioStudio,1BA$850

Best Value Apartments for Rent in Colonial Village, MI

As of September 13, 2025 the best value apartment in the Colonial Village area is the $0.96 price per square foot 1016 Kelsey Ave Model at 1016 Kelsey Ave in the in the Lansing Eaton neighborhood starting from $1,350. The second greatest value Colonial Village apartment is the Three Bedroom Model at Cambridge Manor starting at $1,375 with a $1.06 price per square foot in the Lansing Eaton 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.
1016 Kelsey Ave1016 Kelsey Ave3BR,1BA$0.96
Cambridge ManorThree Bedroom3BR,2BA$1.06
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
224 Crest St, Unit 2224 Crest St2BR,1BA$1.10
124 E Barnes Ave, Unit Main124 E Barnes Ave2BR,1BA$0.98
Highland Holmes ApartmentsTwo Bedroom2BR,1BA$1.12
Kendon Pointe1 Bedroom1BR,1BA$1.18
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$1.14
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$1.00
The "Wave"One Bedroom1BR,1BA$1.11

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Colonial Village, Lansing, MI

Ranked #32

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Colonial Village, Lansing, MI

School data provided by Great Schools

Frequently Asked Questions about Colonial Village

What type of rentals are currently available in Colonial Village?

There are currently 166 Apartments for Rent in Colonial Village, MI with pricing that ranges from $675 to $2,500. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $885 to $2,200.

What is the current price range for Rental Homes in Colonial Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Village ranges from $885 to $2,200 with an average monthly rent of $1,327.

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.

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

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.