
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.


Towne Square Apartments and Townhomes

Trappers Cove Apartments
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College Park 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 | $1,520 | $1,440 | $1,600 |
| Michigan State University 1 Bedroom Apartments | $1,229 | $925 | $1,910 |
| Michigan State University 2 Bedroom Apartments | $1,289 | $975 | $2,299 |
| Michigan State University 3 Bedroom Apartments | $1,656 | $1,250 | $2,855 |
| Michigan State University 4 Bedroom Apartments | $1,497 | $750 | $1,899 |
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.
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Cheapest Available Michigan State University Apartments for Rent
 The cheapest available apartment rental in the Michigan State University area of Lansing, MI is a 1 Bed unit found at Tammany Hills Apartments priced from $925. Towne Square Apartments and Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Michigan State University apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tammany Hills Apartments | 1 Bedroom Garden Floor | 1BR,1BA | $925 |
| Towne Square Apartments and Townhomes | 1 Bed 1 Bath | 1BR,1BA | $935 |
| Briarcliffe Apartments & Townhomes | 1 Bed 1 Bath | 1BR,1BA | $1,040 |
Best Value Apartments for Rent in Michigan State University, MI
As of July 24, 2026 the best value apartment in the Michigan State University area is the $1.22 price per square foot The Quad Model at College Towne Apartments in the in the Forest View neighborhood starting from $1,825. The second greatest value Michigan State University apartment is the 3 Bed 2.5 Bath Model at Towne Square Apartments and Townhomes starting at $1,550 with a $1.16 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. |
|---|---|---|---|
| College Towne Apartments | The Quad | 4BR,3BA | $1.22 |
| Towne Square Apartments and Townhomes | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.16 |
| Knob Hill Apartments | 3 Bedroom, 1.5 Bath | 3BR,1.5BA | $1.57 |
| Woodland Lakes Apartments | B | 2BR,2BA | $1.46 |
| Briarcliffe Apartments & Townhomes | 2 Bed 1.5 Bath Renovated | 2BR,1.5BA | $1.60 |
| Glenwood Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.85 |
| The View on Collins Apartments | A3 | 1BR,1BA | $2.36 |
| Capitol Villa Apartments | 2 bed, 2 bath for 3 people | 2BR,2BA | $0.92 |
| Club Meridian | Royal Suite | 1BR,1BA | $2.04 |
| Tammany Hills Apartments | 1 Bedroom Second Floor | 1BR,1BA | $1.47 |
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 Tammany Hills Apartments which is listed at $925, while the average apartment in Michigan State University costs $1,575.
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 10 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 $285 which is $1,290 cheaper than the average rent for all rentals in Michigan State University.
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
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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.

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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.

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