Cheap Apartments for Rent in the Michigan State University Neighborhood of Lansing, MI from $700 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Michigan State University area of Lansing.

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.

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.

Michigan State University, Lansing, MI Local Guide

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 ListingModel NameBed/BathPriced From
Hannah Lofts3x3.5 Townhome3BR,3BA$720
Trappers Cove ApartmentsOne Bedroom Cape Cod1BR,1BA$876
Towne Square ApartmentsUnion2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hannah Lofts4x4.5 Townhome B Alternate4BR,4.5BA$0.63
College Towne ApartmentsThe Varsity3BR,3BA$1.13
Towne Square ApartmentsEnd Zone2BR,1BA$1.08
Briarcliffe Apartments & Townhomes1 Bed 1 Bath1BR,1BA$1.25
Trappers Cove ApartmentsOne Bedroom Madrid1BR,1BA$1.46
The View on CollinsA1BR,1BA$2.44
Cedar Creek ApartmentsCedar Flat1BR,1BA$1.67
ElevationSnowbird1BR,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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.