
Cheap Homes for Rent in Lansing, MI from $750 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Lansing.


820 W Shiawassee St, Unit B- Upstairs

1016 N Capitol Ave

220 W Lapeer St

1018 N Pennsylvania Ave

2718 E Grand River Ave, Unit 1 BTR
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.

534 Norman St

3407 W Mt Hope Ave

225 martin luther jr Blvd, Unit Apt 2

917 Linden Grove Ave

801 N Capitol Ave

600 W Hodge Ave
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.

4927 Starr Ave

512 W Ionia St, Unit B

2507 Selma St

1010 N Pine St, Unit B

1006 Mahlon St

605 S Grand Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

831 N Chestnut St

427 Seymour Ave
Lansing, MI Local Guide

How much does it cost to rent a home in Lansing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lansing 2 Bedroom Homes for Rent | $1,261 | $899 | $1,995 |
| Lansing 3 Bedroom Homes for Rent | $1,729 | $550 | $3,000 |
| Lansing 4 Bedroom Homes for Rent | $2,197 | $1,100 | $3,150 |
| Lansing 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Top Homes for Rent in Lansing
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Lansing, MI Local Guide
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Cheapest Neighborhoods for Homes in Lansing, MI
Pricing Updated: 09/19/2026Current rental homes in the Lansing, MI area range in price from $750 to $3,150 with an overall median price of $1,300. The three Lansing neighborhoods with the lowest median rent pricing are Downtown Lansing at $1,100, Old Everett at $1,135, and River Forest at $1,135. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Lansing | $1,100 | $850 | 4 |
| Old Everett | $1,135 | $1,000 | 3 |
| River Forest | $1,135 | $1,135 | 1 |
| Walnut | $1,135 | $750 | 19 |
| Creston | $1,172 | $750 | 24 |
| Genesee | $1,172 | $750 | 14 |
| Bassett Park | $1,195 | $750 | 25 |
| Edgemont Park | $1,195 | $750 | 16 |
| Northwestside | $1,195 | $750 | 17 |
| Westside | $1,195 | $850 | 6 |
Best Value Homes for Rent in Lansing, MI
As of September 19, 2026 the best value rental home in the Lansing area is the $0.73 price per square foot 1216 N Capitol Ave Model at 1216 N Capitol Ave in the North Lansing neighborhood starting from $1,400. The second greatest value Lansing rental home is the 1028 N Cedar St Model at 1028 N Cedar St in the North Lansing neighborhood starting at $1,650 with a $0.89 price per square foot. Here is today’s list of the best values for Lansing homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1216 N Capitol Ave | 1216 N Capitol Ave | 2BR, 1BA | $0.73 |
| 1028 N Cedar St | 1028 N Cedar St | 3BR, 1BA | $0.89 |
| 1301 W Lake Lansing Rd | 1301 W Lake Lansing Rd | 3BR, 1.5BA | $1.13 |
| 1004 Cleo St | 1004 Cleo St | 3BR, 1.5BA | $1.16 |
| 506 N Sycamore St | 506 N Sycamore St | 3BR, 1BA | $1.21 |
| 1627 S Pennsylvania Ave | 1627 S Pennsylvania Ave | 2BR, 1BA | $1.54 |
| 601 Lathrop St | 601 Lathrop St | 3BR, 1BA | $1.36 |
| 1216 W Mt Hope Ave | 1216 W Mt Hope Ave | 2BR, 1BA | $1.34 |
| 3003 Greenbelt Dr | 3003 Greenbelt Dr | 3BR, 1BA | $1.54 |
| 1018 N Pennsylvania Ave | 1018 N Pennsylvania Ave | 2BR, 1BA | $1.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Lansing, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lansing, MI Rentals by Map
See the most popular apartments and homes in Lansing, MI
Frequently Asked Questions about Lansing
What type of rentals are currently available in Lansing?
There are currently 706 Apartments for Rent in Lansing, MI with pricing that ranges from $437 to $4,709. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $550 to $3,150.
What is the current price range for Rental Homes in Lansing?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lansing ranges from $550 to $3,150 with an average monthly rent of $1,535.
How much are larger Three and Four Bedroom Rentals in Lansing?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lansing range from $437 to $4,709, while Three Bedroom Homes, Condos, and Townhomes for rent range from $550 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $509.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.