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$5951 Bedroom Apartment Available Now
501 N Walnut St, Unit 1
501 N Walnut StLansing, MI 48933
Cheap Apartments for Rent in the Downtown Lansing Neighborhood of Lansing, MI from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lansing area of Lansing.
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$725 - $1,200Studio to 2 Bedroom Apartments Available Now
Colonial Place Apartments
800-812 W Lenawee StLansing, MI 48915
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$750 - $975Studio to 2 Bedroom Apartments Available Now
Shiawassee Apartments
723 W ShiawasseeLansing, MI 48915
810 W Genesee St
LansingMI48915
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$807 - $1,3601 to 2 Bedroom Apartments Available Now
Capitol Park
820 W Ottawa StLansing, MI 48915
318 E Hillsdale St
LansingMI48933
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$850 - $1,150Studio to 2 Bedroom Apartments Available Now
Cherry Hill
313 E Saint Joseph StLansing, MI 48933
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Rent Specials
$871 - $1,281Studio to 2 Bedroom Apartments Available Now
Ferris Park Towers
323 N Walnut StLansing, MI 48933
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$899 - $2,000Studio to 3 Bedroom Apartments Available Now
Lansing Tower Apartments
610 W Ottawa StLansing, MI 48933
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1 Bedroom Apartments
The Porter Senior Apartments
505 Townsend StLansing, MI 48933
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Studio to 1 Bedroom Apartments
Executive House Apartments
420 S Walnut StLansing, MI 48933
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1 to 2 Bedroom Apartments
916 W Ottawa St
916 W Ottawa StLansing, MI 48915
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.
307 N Walnut St
LansingMI48933
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1 to 2 Bedroom Apartments
Riverfront Towers
601 N Cedar StLansing, MI 48912
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Studio to 2 Bedroom Apartments
Capital Manor
515-524 S Chestnut StLansing, MI 48933
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Studio to 1 Bedroom Apartments
Midtown Apartments
224 W Kalamazoo StLansing, MI 48933
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1 Bedroom Apartments
Pine Street Apartments
519 S Pine StLansing, MI 48933
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1 to 2 Bedroom Apartments
319 E Hillsdale
319 E Hillsdale StLansing, MI 48933
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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1 Bedroom Apartments
927 W. Shiawassee St. #2-12
927 W Shiawassee StLansing, MI 48915
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1 to 2 Bedroom Apartments
532 Townsend St
532 Townsend StLansing, MI 48933
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1 to 2 Bedroom Apartments
Seymour Manor Apartments
525 N Seymour StLansing, MI 48933
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1 to 2 Bedroom Apartments
Ferris Park Apartments
419 W Shiawassee StLansing, MI 48933
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1 to 2 Bedroom Apartments
Tamara Apartments
335 E Saint Joseph StLansing, MI 48933
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1 to 2 Bedroom Apartments
Capitol Commons Seniors Apartments
500 S Pine StLansing, MI 48933
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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1 to 3 Bedroom Apartments
Capitol Commons Apartments and Townhomes
600 S Sycamore StLansing, MI 48933
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1 to 2 Bedroom Apartments
Captain's Walk Apartments
427 N Seymour StLansing, MI 48933
220 W Lapeer St
LansingMI48933
Showing Results 1-27, Page 1 of 1
Downtown Lansing, Lansing, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Lansing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lansing Studio Apartments | $1,014 | $725 | $1,260 |
| Downtown Lansing 1 Bedroom Apartments | $1,224 | $595 | $1,725 |
| Downtown Lansing 2 Bedroom Apartments | $1,589 | $750 | $2,214 |
| Downtown Lansing 3 Bedroom Apartments | $1,737 | $1,560 | $1,915 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Downtown Lansing Neighborhood of Lansing, MI.
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Cheapest Available Downtown Lansing Apartments for Rent
The cheapest available apartment rental in the Downtown Lansing area of Lansing, MI is a 1 Bed unit found at Colonial Place Apartments priced from $750. 927 W. Shiawassee St. #2-12 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Lansing apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $750 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $750 |
| Shiawassee Apartments | Shiawassee Apartments - Studio | Studio,1BA | $750 |
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
| Cherry Hill | Studio | Studio,1BA | $850 |
| Captain's Walk Apartments | 1 Beds, 1 Baths | 1BR,1BA | $850 |
| Ferris Park Towers | Efficiency | Studio,1BA | $871 |
| Lansing Tower Apartments | Ottawa | Studio,1BA | $899 |
| Marketplace | 1 Bed 1 Bath | 1BR,1BA | $1,138 |
Best Value Apartments for Rent in Downtown Lansing, MI
As of July 29, 2026 the best value apartment in the Downtown Lansing 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 Downtown Lansing apartment is the 2 Bed 2 Bath Model at Stadium District Apartments starting at $1,555 with a $1.71 price per square foot in the Downtown Lansing neighborhood. Here is today’s list of the best values for Downtown Lansing apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 N Walnut St, Unit 1 | 501 N Walnut St | 1BR,1BA | $0.26 |
| Stadium District Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.71 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Metro Place Apartments | B1 Senator | 2BR,1BA | $1.91 |
| The Arbaugh | The Arbaugh - One Bedroom Apartment | 1BR,1BA | $1.61 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $1.07 |
| Ferris Park Towers | Efficiency | Studio ,1BA | $1.27 |
| Marketplace | 1 Bed, 1 Bath (572 Sq Ft) | 1BR,1BA | $2.21 |
| Lansing Tower Apartments | Ionia | Studio ,1BA | $1.93 |
Frequently Asked Questions about Cheap Downtown Lansing Apartments
What is the Cheapest Studio apartment in Downtown Lansing?
Currently the most affordable Cheap Studio Apartment in Downtown Lansing is at Shiawassee Apartments listed at $750.
How much is rent for a Cheap One Bedroom Downtown Lansing Apartment?
The lowest price for a Cheap One Bedroom Downtown Lansing Apartment is $750 at Colonial Place Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Lansing Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lansing is starting from $962 at Capitol Park.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.