220 W Lapeer St
LansingMI48933
Cheap Homes for Rent in Downtown Lansing Neighborhood of Lansing, MI from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lansing area of Lansing.
427 Seymour Ave
LansingMI48933
316 W Saginaw St
LansingMI48933
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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$1,0501 Bedroom Apartments Available Jul 1
233 N Chestnut St, Unit A
233 N Chestnut StLansing, MI 48933
605 S Grand Ave
LansingMI48933
307 N Walnut 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.
Showing Results 1-6, 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 3 Bedroom Homes for Rent | $1,395 | $1,395 | $1,395 |
| Downtown Lansing 4 Bedroom Homes for Rent | $1,618 | $1,100 | $1,955 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 |
Best Value Apartments for Rent in Downtown Lansing, MI
As of June 14, 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 3 Beds, 1 Baths Model at 433 N Seymour St starting at $1,395 with a $1.12 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 |
| 433 N Seymour St | 3 Beds, 1 Baths | 3BR,1BA | $1.12 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| The Arbaugh | The Arbaugh - One Bedroom Apartment | 1BR,1BA | $1.61 |
| 610 N Sycamore St, Unit 1 | 610 N Sycamore St | 1BR,1BA | $1.09 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.43 |
| 529 W Ionia St, Unit #3 | 529 W Ionia St | Studio ,1BA | $1.36 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $1.07 |
| Ferris Park Towers | Efficiency | Studio ,1BA | $1.27 |
| Lansing Tower Apartments | Ottawa | Studio ,1BA | $1.95 |
Frequently Asked Questions about Downtown Lansing
What type of rentals are currently available in Downtown Lansing?
There are currently 71 Apartments for Rent in Downtown Lansing, MI with pricing that ranges from $595 to $2,214. There are also 9 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 $1,316.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.