
Cheap Homes for Rent in Lansing, MI from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Lansing.


724 N Walnut St

917 Seymour Ave

1016 N Capitol Ave

220 W Lapeer St

720 Loa St

427 Seymour Ave
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.

3407 W Mt Hope Ave

801 N Capitol Ave

1604 Coleman Ave

1301 Hillcrest St

3519 Loveside Terrace

305 Howe St

1007 Mahlon St
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.

508 N Foster Ave

701 W Holmes Rd

825 W Thomas L Pkwy

923 N Sycamore St

307 N Walnut St

3804 S Pennsylvania Ave

605 S Grand Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,167 | $740 | $1,500 |
| Lansing 3 Bedroom Homes for Rent | $1,717 | $1,050 | $3,500 |
| Lansing 4 Bedroom Homes for Rent | $2,070 | $1,100 | $3,999 |
| Lansing 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Lansing 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Lansing
Explore Lansing
Lansing, MI Local Guide
- Lansing Neighborhoods
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Cheapest Neighborhoods for Apartments in Lansing, MI
Pricing Updated: 03/21/2026Current apartment rentals in the Lansing, MI area range in price from $451 to $4,600 with an overall median price of $1,530. The three Lansing neighborhoods with the lowest median rent pricing are Averill Woods at $725, Colonial Village at $675, and Groesbeck Area at $451. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Averill Woods | $1,250 | $725 | 28 |
| Colonial Village | $1,250 | $675 | 71 |
| Groesbeck Area | $1,270 | $451 | 164 |
| Riverview Estates | $1,347 | $650 | 67 |
| Scottsdale | $1,347 | $650 | 98 |
| Lewton Rich | $1,395 | $650 | 86 |
| Moores River Drive Area | $1,397 | $600 | 112 |
| Edgemont Park | $1,425 | $451 | 89 |
| Bassett Park | $1,450 | $451 | 95 |
| Downtown Lansing | $1,450 | $600 | 57 |
Cheapest Available Lansing Apartments for Rent
 The cheapest available apartment rental in Lansing, MI is a 2 Beds unit found at Abigail Senior in the North Lansing neighborhood priced from $475. Abbot Manor in the Square One neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. Here is today’s list of the most affordable Lansing apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abigail Senior | The Gertrude 30% | 2BR,1BA | $475 |
| Abbot Manor | Abbot Manor - Four Bedroom | 4BR,2BA | $599 |
| The Cottages | The Cottages Quad Split - Four Bedroom -JOIN OU... | 4BR,4BA | $625 |
| Chestnut Flatz | Studio | Studio,1BA | $625 |
| Fred Apartments | Studio | Studio,1BA | $675 |
Best Value Apartments for Rent in Lansing, MI
As of March 21, 2026 the best value apartment in the Lansing area is the $0.63 price per square foot 4 Bed/4.5 Bath Townhome Model at Hannah Townhomes & Lofts in the in the Michigan State University neighborhood starting from $1,060. The second greatest value Lansing apartment is the 220 W Oakland Ave Model at 220 W Oakland Ave starting at $1,250 with a $0.78 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hannah Townhomes & Lofts | 4 Bed/4.5 Bath Townhome | 4BR,4BA | $0.63 |
| 220 W Oakland Ave | 220 W Oakland Ave | 3BR,1BA | $0.78 |
| Skyvue MI | 4 BEDROOM/4 BATHROOM - D1 | 4BR,4BA | $0.65 |
| Cambridge Manor | Two Bedroom | 2BR,2BA | $0.88 |
| Block 36 | 4x4 | 4BR,4BA | $0.41 |
| Campus Village-E. Lansing | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.85 |
| Abigail Senior | The Grace 60% | 2BR,1BA | $0.89 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| The Quarters East Lansing | B - 2x1 | 2BR,1BA | $0.87 |
| Chestnut Flatz | Studio | Studio ,1BA | $0.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 702 Apartments for Rent in Lansing, MI with pricing that ranges from $451 to $4,600. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $740 to $3,999.
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 $740 to $3,999 with an average monthly rent of $1,742.
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 $730 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $535.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.