
Cheap Apartments for Rent in the Michigan State University Neighborhood of Lansing, MI from $700 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Michigan State University area of Lansing.


Briarcliffe Apartments & Townhomes

College Towne Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Trappers Cove Apartments

Cedar Creek Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Arbor Forest Apartments
Michigan State University, Lansing, MI Local Guide

How much does it cost to rent an apartment in Michigan State University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Michigan State University Studio Apartments | $1,464 | $1,399 | $1,530 |
Michigan State University 1 Bedroom Apartments | $1,329 | $876 | $2,720 |
Michigan State University 2 Bedroom Apartments | $1,677 | $925 | $3,805 |
Michigan State University 3 Bedroom Apartments | $1,588 | $720 | $2,861 |
Michigan State University 4 Bedroom Apartments | $1,484 | $1,040 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Michigan State University Neighborhood of Lansing, MI.
See all Apartments in LansingExplore Lansing
Michigan State University, Lansing, MI Local Guide
- Nearby Lansing neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Michigan State University Apartments for Rent
 The cheapest available apartment rental in the Michigan State University area of Lansing, MI is a 3 Beds unit found at Hannah Lofts priced from $720. Trappers Cove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $876. Here are the most affordable Michigan State University apartments for rent in Lansing, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hannah Lofts | 3x3.5 Townhome | 3BR,3BA | $720 |
Trappers Cove Apartments | One Bedroom Cape Cod | 1BR,1BA | $876 |
Towne Square Apartments | Union | 2BR,2BA | $925 |
Best Value Apartments for Rent in Michigan State University, MI
As of May 01, 2025 the best value apartment in the Michigan State University area is the $0.63 price per square foot 4x4.5 Townhome B Alternate Model at Hannah Lofts in the in the Forest View neighborhood starting from $1,040. The second greatest value Michigan State University apartment is the The Varsity Model at College Towne Apartments starting at $1,475 with a $1.13 price per square foot in the Forest View neighborhood. Here is today’s list of the best values for Michigan State University apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hannah Lofts | 4x4.5 Townhome B Alternate | 4BR,4.5BA | $0.63 |
College Towne Apartments | The Varsity | 3BR,3BA | $1.13 |
Towne Square Apartments | End Zone | 2BR,1BA | $1.08 |
Briarcliffe Apartments & Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1.25 |
Trappers Cove Apartments | One Bedroom Madrid | 1BR,1BA | $1.46 |
The View on Collins | A | 1BR,1BA | $2.44 |
Cedar Creek Apartments | Cedar Flat | 1BR,1BA | $1.67 |
Elevation | Snowbird | 1BR,1BA | $2.56 |
Quick 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.
Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Michigan State University Neighborhood in Lansing, MI
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Michigan State University Apartments
What is the price of a cheap apartment in Michigan State University?
The cheapest apartment in Michigan State University is Trappers Cove Apartments which is listed at $876, while the average apartment in Michigan State University costs $1,550.
What types of apartments are the cheapest in Michigan State University?
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 15 regular apartments in Michigan State University 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 Michigan State University?
Cheap apartments in Michigan State University have an average cost of $385 which is $1,165 cheaper than the average rent for all rentals in Michigan State University.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.