Cheap Apartments for Rent in the Knollwood-Willow Neighborhood of Lansing, MI from $400 (78 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Knollwood-Willow area of Lansing.

property at 417 Liberty St

$725 - $850

Studio To 1 Bedroom Rentals

Available Now

417 Liberty St

LansingMI48906

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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517 W Shiawassee St
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
2 Bedroom Apartment Available Now

517 W Shiawassee St

517 W Shiawassee StLansing, MI 48933
Cost Per Sq.Ft.
  • Smoke Free

Cash 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.

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property at 1007 Mahlon St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

1007 Mahlon St

LansingMI48906

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.

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Bardaville Apartments
1 Bedroom Apartments

Bardaville Apartments

3345 Bardaville DrLansing, MI 48906
  • Utilities Included
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916 W Ottawa St
1 to 2 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
  • Utilities Included
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Riverfront Towers
1 to 2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
  • Utilities Included
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Capital Manor
Studio to 2 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
  • Utilities Included
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Bardaville Apartments
1 Bedroom Apartments

Bardaville Apartments

3325 Bardaville DrLansing, MI 48906
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Walnut Flatz
1 to 2 Bedroom Apartments

Walnut Flatz

826 N Walnut StLansing, MI 48906
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319 E Hillsdale
1 to 2 Bedroom Apartments

319 E Hillsdale

319 E Hillsdale StLansing, MI 48933
  • Utilities Included

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.

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Knollwood-Willow, Lansing, MI Local Guide

Cheapest Available Knollwood-Willow Apartments for Rent

 

The cheapest available apartment rental in the Knollwood-Willow area of Lansing, MI is a 2 Beds unit found at Abigail Senior priced from $475. Reside 517 LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Knollwood-Willow apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Abigail SeniorThe Gertrude 30%2BR,1BA$475
Reside 517 LLC1BR/1.0BA1BR,1BA$675
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$700
821 E Shiawassee St1 bedroom1BR,1BA$750
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$750
Shiawassee Apartments LLC (723 W Shiawassee, LLC)Shiawassee Apartments - StudioStudio,1BA$750
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Shiawassee Apartments1 BR / 1 Bath1BR,1BA$775

Best Value Apartments for Rent in Knollwood-Willow, MI

As of May 07, 2026 the best value apartment in the Knollwood-Willow 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 Knollwood-Willow apartment is the Shiawassee Model at Lansing Tower Apartments starting at $1,455 with a $1.08 price per square foot in the Downtown Lansing neighborhood. Here is today’s list of the best values for Knollwood-Willow 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
Lansing Tower ApartmentsShiawassee2BR,2BA$1.08
517 W Shiawassee St517 W Shiawassee St2BR,1.5BA$0.80
Abigail SeniorThe Grace 60%2BR,1BA$0.89
The "Wave"Two Bedroom Premium2BR,1BA$1.08
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
522 N Walnut St, Unit Lower522 N Walnut St1BR,1BA$1.07
424 W Saginaw St424 W Saginaw St1BR,1BA$0.98
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.00
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$1.07

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.

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Real 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.

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Pet Friendly Lifestyle
Knollwood-Willow, Lansing, MI

Ranked #29

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across Michigan and customized analysis for Central Lansing. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, family-friendliness, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Knollwood-Willow Apartments

What is a cheap apartment in Knollwood-Willow?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Knollwood-Willow is under $775.

What is the price of a cheap apartment in Knollwood-Willow?

The cheapest apartment in Knollwood-Willow is Reside 517 LLC which is listed at $675, while the average apartment in Knollwood-Willow costs $2,950.

What types of apartments are the cheapest in Knollwood-Willow?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Knollwood-Willow that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Knollwood-Willow?

Cheap apartments in Knollwood-Willow have an average cost of $202 which is $2,748 cheaper than the average rent for all rentals in Knollwood-Willow.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.