Cheap Apartments for Rent in the Knollwood-Willow Neighborhood of Lansing, MI from $500 (76 Rentals)

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

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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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 Now

1007 Mahlon St

LansingMI48906

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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Bardaville Apartments
1 Bedroom Apartments

Bardaville Apartments

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

916 W Ottawa St

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

Riverfront Towers

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

Capital Manor

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

Bardaville Apartments

3325 Bardaville DrLansing, MI 48906
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Midtown Apartments
Studio to 1 Bedroom Apartments

Midtown Apartments

224 W Kalamazoo StLansing, MI 48933
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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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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
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Chestnut Flatz
Studio to 1 Bedroom Apartments

Chestnut Flatz

1216 N Chestnut StLansing, MI 48906
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Washington Apartments
Studio to 1 Bedroom Apartments

Washington Apartments

927 S Washington AveLansing, MI 48910
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Windemere Apartments
1 to 2 Bedroom Apartments

Windemere Apartments

2410-2414 W Willow StLansing, MI 48917
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532 Townsend St
1 to 2 Bedroom Apartments

532 Townsend St

532 Townsend StLansing, MI 48933
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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.

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Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Reside 517 LLC priced from $675. Walnut Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Knollwood-Willow apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Reside 517 LLC1BR/1.0BA1BR,1BA$675
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$700
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$750
Shiawassee ApartmentsShiawassee Apartments - StudioStudio,1BA$750
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Shiawassee Apartments1 BR / 1 Bath1BR,1BA$775
Westbay Club ApartmentsOne Bedroom Garden1BR,1BA$845
3322 W Michigan Ave1 Beds, 1 Baths1BR,1BA$850

Best Value Apartments for Rent in Knollwood-Willow, MI

As of June 21, 2026 the best value apartment in the Knollwood-Willow area is the $0.26 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 $595. The second greatest value Knollwood-Willow apartment is the 3 Beds, 1 Baths Model at 433 N Seymour St starting at $1,395 with a $1.12 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$0.26
433 N Seymour St3 Beds, 1 Baths3BR,1BA$1.12
Abigail SeniorThe Grace 60%2BR,1BA$1.08
The "Wave"Two Bedroom Premium2BR,1BA$1.08
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
Green Oaks Apartments2 BR / 1 Bath2BR,1BA$1.12
731 N Sycamore St, Unit 731.5731 N Sycamore St2BR,1BA$1.11
1224 E Malcolm X St, Unit #41224 E Malcolm X St1BR,1BA$1.09
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 $850.

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 $2,532.

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 8 regular apartments in Knollwood-Willow that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.