Cheap Homes for Rent in Lansing, MI from $700 (52 Rentals)

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Search the lowest-cost Homes available for rent right now in Lansing.

property at 917 Seymour Ave

917 Seymour Ave

LansingMI48906
property at 427 Seymour Ave

427 Seymour Ave

LansingMI48933
property at 220 W Lapeer St

220 W Lapeer St

LansingMI48933

Lansing, MI Local Guide

Cheapest Neighborhoods for Apartments in Lansing, MI

Pricing Updated: 09/14/2025

Current apartment rentals in the Lansing, MI area range in price from $499 to $4,250 with an overall median price of $1,486. The three Lansing neighborhoods with the lowest median rent pricing are Greencroft Park at $775, Old Everett at $900, and Colonial Village at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Greencroft Park$1,300$77597
Old Everett$1,300$9008
Colonial Village$1,325$67582
Averill Woods$1,362$7958
Moores Park$1,375$625103
Moores River Drive Area$1,375$62587
Quentin Park$1,375$625102
Riverside$1,375$625103
Westside$1,375$62556
Lewton Rich$1,385$77570

Cheapest Available Lansing Apartments for Rent

 

The cheapest available apartment rental in Lansing, MI is a 4 Beds unit found at 25 East in the Eastfield neighborhood priced from $525. Fred Apartments in the Colonial Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here is today’s list of the most affordable Lansing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
25 East4BR/2BA - Top Floor4BR,2BA$525
Fred ApartmentsStudioStudio,1BA$675
Bardaville ApartmentsSmall Unit1BR,1BA$675
Woodbridge Manor Apartments1 Bedroom Standard1BR,1BA$690
Baltic Flatz1 Bedroom/1 Bath1BR,1BA$700
Carriage House ApartmentsOne Bedroom1BR,1BA$700
Capitol Village - Lansing, MIRegencyStudio,1BA$749
745 Burcham Dr2BR/1BA - 731 Burcham Drive2BR,1BA$750
Victory East Lansing2BR/1BA - 731 Burcham Drive2BR,1BA$750

Best Value Apartments for Rent in Lansing, MI

As of September 14, 2025 the best value apartment in the 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 Lansing apartment is the 609 Bluff St Model at 609 Bluff St starting at $1,400 with a $0.82 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 N Walnut St, Unit 1501 N Walnut St1BR,1BA$0.27
609 Bluff St609 Bluff St3BR,1BA$0.82
220 W Oakland Ave220 W Oakland Ave3BR,1BA$0.78
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.72
426 W Saginaw St, Unit 1 Down426 W Saginaw St2BR,1BA$0.72
424 W Saginaw St, Unit 1 - Down424 W Saginaw St2BR,1BA$0.72
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.72
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
Block 364x44BR,4BA$0.42
The Village at Chandler Crossings4 BED 4 BATH - EMERALD4BR,4BA$0.41

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Frequently Asked Questions about Lansing

What type of rentals are currently available in Lansing?

There are currently 710 Apartments for Rent in Lansing, MI with pricing that ranges from $525 to $4,250. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $700 to $99,999.

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 $700 to $99,999 with an average monthly rent of $2,102.

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 $720 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,775. Four Bedroom Single-Family rentals are also available starting from $830 and Four Bedroom Apartments start at $525.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.