
Cheap Homes for Rent in Lansing, MI from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Lansing.


123 S Francis Ave

1615 Herbert St, Unit Upper Unit

917 Seymour Ave

220 W Lapeer St

1016 N Capitol Ave

1222 Parkview St
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.

1018 N Pennsylvania Ave

412 W César E. Chávez Ave

801 N Capitol Ave

316 W Saginaw St

1219 McCullough St

3407 W Mt Hope Ave

826 Sally Mae Terrace
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.

1120 N Chestnut St

1010 N Pine St, Unit B

430 Dunlap St

419 Beech St

427 Seymour Ave

1017 Hein Ave

4927 Starr 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.

6113 Scotmar Dr
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 | $1,205 | $899 | $1,650 |
| Lansing 3 Bedroom Homes for Rent | $1,703 | $750 | $3,000 |
| Lansing 4 Bedroom Homes for Rent | $1,921 | $1,350 | $2,700 |
| Lansing 5 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
Browse Top Homes for Rent in Lansing
Explore Lansing
Lansing, MI Local Guide
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Cheapest Neighborhoods for Apartments in Lansing, MI
Pricing Updated: 08/05/2026Current apartment rentals in the Lansing, MI area range in price from $650 to $3,750 with an overall median price of $1,125. The three Lansing neighborhoods with the lowest median rent pricing are Downtown Lansing at $950, Genesee at $950, and Northwestside at $950. 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 |
|---|---|---|---|
| Downtown Lansing | $950 | $650 | 4 |
| Genesee | $950 | $650 | 11 |
| Northwestside | $950 | $650 | 12 |
| Walnut | $950 | $650 | 14 |
| Westside | $950 | $650 | 5 |
| Edgemont Park | $995 | $650 | 13 |
| Potter Walsh | $1,022 | $650 | 20 |
| Bassett Park | $1,029 | $650 | 18 |
| Riverside | $1,039 | $650 | 20 |
| Fairview Area | $1,047 | $650 | 19 |
Cheapest Available Lansing Apartments for Rent
 The cheapest available apartment rental in Lansing, MI is a 3 Beds unit found at Woodward Way in the Meridian Township Okemos neighborhood priced from $437. Abigail Senior in the North Lansing neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $479. Here is today’s list of the most affordable Lansing apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodward Way | 3x2 | 3BR,2BA | $437 |
| Abigail Senior | The Gertrude 30% | 2BR,1BA | $479 |
| The Cottages (Cottages Hunsaker 1 LLC) | The Cottages Quad Split - Four Bedroom -JOIN OU... | 4BR,4BA | $625 |
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $700 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Lansing, MI
As of August 05, 2026 the best value apartment in the Lansing area is the $0.82 price per square foot 609 Bluff St Model at 609 Bluff St in the in the North Lansing neighborhood starting from $1,400. The second greatest value Lansing apartment is the 4 Bed/4.5 Bath Townhome Model at Hannah Townhomes & Lofts starting at $1,205 with a $0.72 price per square foot in the Michigan State University 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. |
|---|---|---|---|
| 609 Bluff St | 609 Bluff St | 3BR,1BA | $0.82 |
| Hannah Townhomes & Lofts | 4 Bed/4.5 Bath Townhome | 4BR,4BA | $0.72 |
| The Club at Chandler Crossings | 4 BED 4 BATH - EMERALD | 4BR,4BA | $0.44 |
| Kimberly House Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| The Village at Chandler Crossings | 2 BED 2 BATH - SPARTAN | 2BR,2BA | $0.89 |
| Hiland Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.94 |
| Stone Ridge Meadows | 2 Bed 1 Bath | 2BR,1BA | $0.91 |
| Woodward Way | 1x1 | 1BR,1BA | $0.92 |
| Cedar Village Apartments | 2 bed, 1 bath for 3 people (rate per person) | 2BR,1BA | $0.81 |
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 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 684 Apartments for Rent in Lansing, MI with pricing that ranges from $437 to $4,600. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $650 to $3,750.
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 $650 to $3,750 with an average monthly rent of $1,371.
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 $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,350 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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.