339 E St Joseph St
LansingMI48933
Cheap Homes for Rent in Downtown Lansing Neighborhood of Lansing, MI from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lansing area of Lansing.
418 N Walnut St
LansingMI48933
427 Seymour Ave
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
220 W Lapeer 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.
Showing Results 1-8, 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 | $910 | $895 | $925 |
| Downtown Lansing 3 Bedroom Homes for Rent | $1,581 | $1,395 | $1,700 |
| Downtown Lansing 4 Bedroom Homes for Rent | $1,445 | $1,100 | $1,790 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 Capitol Park priced from $807. Cherry Hill has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Downtown Lansing apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
| Cherry Hill | Studio | Studio,1BA | $850 |
| Ferris Park Towers | Efficiency | Studio,1BA | $871 |
Best Value Apartments for Rent in Downtown Lansing, MI
As of January 29, 2026 the best value apartment in the Downtown Lansing area is the $0.27 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 $625. The second greatest value Downtown Lansing apartment is the 422 W Saginaw St Model at 422 W Saginaw St, Unit Lower 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 | $0.27 |
| 422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.72 |
| 424 W Saginaw St, Unit 1 - Down | 424 W Saginaw St | 2BR,1BA | $0.72 |
| 426 W Saginaw St, Unit 1 Down | 426 W Saginaw St | 2BR,1BA | $0.72 |
| 706 W Saginaw St, Unit 1 | 706 W Saginaw St | 3BR,1BA | $1.17 |
| 507 N Sycamore St, Unit 1st Floor | 507 N Sycamore St | 2BR,1BA | $1.03 |
| 416 W Saginaw St, Unit 1st Floor | 416 W Saginaw St | 2BR,1BA | $1.11 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| 1010 W Ionia St, Unit 1010 West Ionia | 1010 W Ionia St | 1BR,1BA | $0.93 |
| 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 85 Apartments for Rent in Downtown Lansing, MI with pricing that ranges from $610 to $2,500. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lansing ranging from $895 to $1,790.
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 $895 to $1,790 with an average monthly rent of $1,236.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.