
Cheap Homes for Rent in Colonial Village Neighborhood of Lansing, MI from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Village area of Lansing.


307 Astor Ave

720 Loa St

1604 Coleman Ave

3407 W Mt Hope Ave
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.

1301 Hillcrest St

915 Loa St

3519 Loveside Terrace

605 S Grand Ave

3804 S Pennsylvania Ave
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.
Colonial Village, Lansing, MI Local Guide

How much does it cost to rent a home in Colonial Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Village 2 Bedroom Homes for Rent | $1,024 | $795 | $1,150 |
| Colonial Village 3 Bedroom Homes for Rent | $1,507 | $1,195 | $1,850 |
| Colonial Village 4 Bedroom Homes for Rent | $1,863 | $1,800 | $1,990 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Colonial Village Neighborhood of Lansing, MI.
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Colonial Village, Lansing, MI Local Guide
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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. Pennsylvania 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fred Apartments | Studio | Studio,1BA | $675 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
| Baltic Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Colonial Village, MI
As of March 09, 2026 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 Two Bedroom Model at Cambridge Manor starting at $1,150 with a $0.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1016 Kelsey Ave | 1016 Kelsey Ave | 3BR,1BA | $0.96 |
| Cambridge Manor | Two Bedroom | 2BR,2BA | $0.88 |
| Willis Apartments | 3 Bed / 1 Bath | 3BR,1BA | $1.09 |
| Potomac Village (Lansing Property Holdings LLC) | Potomac Apartments - Two Bedroom Upgraded | 2BR,1BA | $1.00 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Stone Ridge Meadows | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Hiland Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.94 |
| Baltic Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.00 |
| Holmes Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.07 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleColonial Village, Lansing, MI
Ranked #44
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Colonial Village, Lansing, MI
Dwight Rich School of the Arts
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 158 Apartments for Rent in Colonial Village, MI with pricing that ranges from $675 to $2,099. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Village ranging from $795 to $1,990.
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 $795 to $1,990 with an average monthly rent of $1,464.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.