
Cheap Apartments for Rent in the Michigan State University Neighborhood of Lansing, MI from $800 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Michigan State University area of Lansing.


College Towne Apartments

Trappers Cove Apartments
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.

Briarcliffe Apartments & Townhomes

Elevation Apartments

Cedar Creek Apartments
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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 | $1,483 | $1,399 | $1,525 |
Michigan State University 1 Bedroom Apartments | $1,191 | $850 | $2,689 |
Michigan State University 2 Bedroom Apartments | $1,289 | $925 | $3,721 |
Michigan State University 3 Bedroom Apartments | $1,659 | $1,065 | $5,829 |
Michigan State University 4 Bedroom Apartments | $1,472 | $1,030 | $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.
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Michigan State University, Lansing, MI Local Guide
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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 Towne Square Apartments and Townhomes priced from $920. Cedar Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,035. Here are the most affordable Michigan State University apartments for rent in Lansing, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Towne Square Apartments and Townhomes | 1 Bed 1 Bath | 1BR,1BA | $920 |
Cedar Creek Apartments | Cedar Flat | 1BR,1BA | $1,035 |
Hannah Lofts | 4x4 Townhome A | 4BR,4BA | $1,035 |
Best Value Apartments for Rent in Michigan State University, MI
As of June 16, 2025 the best value apartment in the Michigan State University area is the $0.63 price per square foot 4x4.5 Townhome B Model at Hannah Lofts in the in the Forest View neighborhood starting from $1,075. 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 | 4BR,4.5BA | $0.63 |
College Towne Apartments | The Varsity | 3BR,3BA | $1.13 |
Briarcliffe Apartments & Townhomes | 2 Bed 1.5 Bath Townhouse Renovated W/D | 2BR,1.5BA | $1.07 |
Towne Square Apartments and Townhomes | 3 Bed 2 Bath | 3BR,2BA | $1.03 |
The View on Collins Apartments | A | 1BR,1BA | $2.37 |
Cedar Creek Apartments | Cedar Flat | 1BR,1BA | $1.67 |
Elevation Apartments | Snowbird | 1BR,1BA | $2.56 |
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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 Towne Square Apartments and Townhomes which is listed at $920, 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 9 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 $607 which is $943 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.

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Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.