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$8501 Bedroom Apartments Available Now
820 W Shiawassee St, Unit B- Upstairs
820 W Shiawassee StLansing, MI 48915
Cheap Homes for Rent in the Downtown Lansing Neighborhood of Lansing, MI from $850 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lansing area of Lansing.
220 W Lapeer St
LansingMI48933
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$9991 Bedroom Apartments Available Now
225 martin luther jr Blvd, Unit Apt 2
225 martin luther jr BlvdLansing, MI 48915
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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$1,0953 Bedroom Apartments Available Now
215 N Butler Blvd, Unit 2
215 N Butler BlvdLansing, MI 48915
605 S Grand Ave
LansingMI48933
427 Seymour Ave
LansingMI48933
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.
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$1,150Studio Apartments Available Now
512 W Ionia St, Unit B
512 W Ionia StLansing, MI 48933
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 3 Bedroom Homes for Rent | $1,345 | $1,345 | $1,345 |
| Downtown Lansing 4 Bedroom Homes for Rent | $1,300 | $1,100 | $1,500 |
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. Shiawassee Apartments has the second lowest priced unit, which is a Studio 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 |
| Shiawassee Apartments | Shiawassee Apartments | Studio | One Bath | Studio,1BA | $750 |
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
Best Value Apartments for Rent in Downtown Lansing, MI
As of September 12, 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 422 W Saginaw St Model at 422 W Saginaw St, Unit 1 - Down starting at $975 with a $0.72 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 |
| 422 W Saginaw St, Unit 1 - Down | 422 W Saginaw St | 2BR,1BA | $0.72 |
| 706 W Saginaw St, Unit 2 | 706 W Saginaw St | 3BR,1BA | $1.08 |
| The Arbaugh | The Arbaugh - Two Bedroom Apartment | 2BR,1BA | $1.11 |
| Stadium District Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Metro Place Apartments | B1 Senator | 2BR,1BA | $1.85 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| 331 E Hillsdale | 1BR/1.0BA | 1BR,1BA | $1.28 |
| Ferris Park Towers | Efficiency | Studio ,1BA | $1.27 |
Frequently Asked Questions about Downtown Lansing
What type of rentals are currently available in Downtown Lansing?
There are currently 78 Apartments for Rent in Downtown Lansing, MI with pricing that ranges from $595 to $2,214. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lansing ranging from $850 to $1,500.
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 $1,500 with an average monthly rent of $1,179.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.