316 W Saginaw St
LansingMI48933
Cheap Homes for Rent in Downtown Lansing Neighborhood of Lansing, MI from $800 (5 Rentals)
Cheap Homes in the Downtown Lansing area of Lansing.
307 N Walnut St
LansingMI48933
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
319 W Saginaw St
LansingMI48933
323 W Saginaw St
LansingMI48933
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
233 N Chestnut St
LansingMI48933
Showing Results 1-5, 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 | $900 | $900 | $900 |
| Downtown Lansing 3 Bedroom Homes for Rent | $1,556 | $1,395 | $1,700 |
| Downtown Lansing 4 Bedroom Homes for Rent | $1,450 | $1,100 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Studio unit found at Capital Manor priced from $669. Capitol Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $807. Here are the most affordable Downtown Lansing apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capital Manor | STU | Studio,1BA | $669 |
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
| Ferris Park Towers | Efficiency | Studio,1BA | $810 |
Best Value Apartments for Rent in Downtown Lansing, MI
As of May 02, 2025 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 426 W Saginaw St Model at 426 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 | $0.27 |
| 426 W Saginaw St, Unit 1 Down | 426 W Saginaw St | 2BR,1BA | $0.72 |
| 424 W Saginaw St, Unit 1 - Down | 424 W Saginaw St | 2BR,1BA | $0.72 |
| 422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.70 |
| 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 |
| 319 N Sycamore St, Unit 319 #2 | 319 N Sycamore St | 2BR,1BA | $1.11 |
| 416 W Saginaw St, Unit 1st Floor | 416 W Saginaw St | 2BR,1BA | $1.11 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| Ferris Park Towers | Efficiency | Studio ,1BA | $1.18 |
Frequently Asked Questions about Downtown Lansing
What type of rentals are currently available in Downtown Lansing?
There are currently 81 Apartments for Rent in Downtown Lansing, MI with pricing that ranges from $525 to $8,500. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lansing ranging from $850 to $1,800.
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 $1,800 with an average monthly rent of $1,215.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.