220 W Lapeer St
LansingMI48933
Cheap Homes for Rent in Downtown Lansing Neighborhood of Lansing, MI from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lansing area of Lansing.
339 E St Joseph St
LansingMI48933
323 W Saginaw St
LansingMI48933
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.
316 W Saginaw St
LansingMI48933
605 S Grand Ave
LansingMI48933
307 N Walnut St
LansingMI48933
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.
427 Seymour Ave
LansingMI48933
Showing Results 1-7, Page 1 of 1
Downtown Lansing, Lansing, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Lansing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lansing 2 Bedroom Homes for Rent | $912 | $900 | $925 |
| Downtown Lansing 3 Bedroom Homes for Rent | $1,597 | $1,395 | $1,800 |
| Downtown Lansing 4 Bedroom Homes for Rent | $1,618 | $1,100 | $1,955 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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. Townsend Apartment ( Reo Vincent Townsend Apartment LLC) 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 |
| Townsend Apartment ( Reo Vincent Townsend Apartment LLC) | Townsend Apartments - One Bedroom | 1BR,1BA | $750 |
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
Best Value Apartments for Rent in Downtown Lansing, MI
As of March 15, 2026 the best value apartment in the Downtown Lansing area is the $1.20 price per square foot The Arbaugh - Two Bedroom Apartment Model at The Arbaugh in the in the Downtown Lansing neighborhood starting from $1,355. The second greatest value Downtown Lansing apartment is the Garden Model at Lansing City View Apartments starting at $1,474 with a $1.48 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. |
|---|---|---|---|
| The Arbaugh | The Arbaugh - Two Bedroom Apartment | 2BR,1BA | $1.20 |
| Lansing City View Apartments | Garden | 2BR,2BA | $1.48 |
| 711 N Chestnut St | 711 N Chestnut St | 2BR,1BA | $1.73 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| Cherry Hill | 2 Bedroom | 2BR,1BA | $1.48 |
| 1010 W Ionia St, Unit 1010 West Ionia | 1010 W Ionia St | 1BR,1BA | $0.93 |
| Ferris Park Towers | Efficiency | Studio ,1BA | $1.27 |
| 504 W Lapeer St, Unit #D | 504 W Lapeer St | 1BR,1BA | $1.49 |
| 718 W Ionia St, Unit #3 | 718 W Ionia St | Studio ,1BA | $1.49 |
Frequently Asked Questions about Downtown Lansing
What type of rentals are currently available in Downtown Lansing?
There are currently 74 Apartments for Rent in Downtown Lansing, MI with pricing that ranges from $650 to $2,141. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lansing ranging from $850 to $1,955.
What is the current price range for Rental Homes in Downtown Lansing?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lansing ranges from $850 to $1,955 with an average monthly rent of $1,281.
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.