Cheap Apartments for Rent in the Old Forest Neighborhood of Lansing, MI from $400 (66 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
  • Utilities Included

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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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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Walnut Flatz
1 to 2 Bedroom Apartments

Walnut Flatz

826 N Walnut StLansing, MI 48906
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Chestnut Flatz
Studio to 1 Bedroom Apartments

Chestnut Flatz

1216 N Chestnut 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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Washington Apartments
Studio to 1 Bedroom Apartments

Washington Apartments

927 S Washington AveLansing, MI 48910
  • Utilities Included

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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532 Townsend St
1 to 2 Bedroom Apartments

532 Townsend St

532 Townsend StLansing, MI 48933
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Circle West
1 to 2 Bedroom Apartments

Circle West

3224-3336 Joni's CirLansing, MI 48906
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Lansing Park Terrace
2 to 3 Bedroom Apartments

Lansing Park Terrace

3435 W Saint Joseph StLansing, MI 48917
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Ferris Park Apartments
1 to 2 Bedroom Apartments

Ferris Park Apartments

419 W Shiawassee StLansing, MI 48933
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Pacific Flatz
1 to 2 Bedroom Apartments

Pacific Flatz

1401 E Kalamazoo StLansing, MI 48912
Corporate Housing

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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Showing Results 1-50, Page 1 of 2

Old Forest, Lansing, MI Local Guide

Cheapest Available Old Forest Apartments for Rent

 

The cheapest available apartment rental in the Old Forest 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 Old Forest 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
Windemere Apartments1 Bed, 1 bath1BR,1BA$734
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$750
Shiawassee ApartmentsShiawassee Apartments - StudioStudio,1BA$750
Shiawassee Apartments1 BR / 1 Bath1BR,1BA$775
Capitol ParkThe One Bedroom1BR,1BA$807
Westbay Club ApartmentsOne Bedroom Garden1BR,1BA$845

Best Value Apartments for Rent in Old Forest, MI

As of July 23, 2026 the best value apartment in the Old Forest 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 Old Forest apartment is the 609 Bluff St Model at 609 Bluff St starting at $1,400 with a $0.82 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for Old Forest 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
609 Bluff St609 Bluff St3BR,1BA$0.82
433 N Seymour St3 Beds, 1 Baths3BR,1BA$1.12
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
Crestwood Apartments2 Bedrooms, 1 Bathroom2BR,1BA$1.17
Green Oaks Apartments2 BR / 1 Bath2BR,1BA$1.12
Capitol ParkThe One Bedroom1BR,1BA$1.02
Abigail SeniorThe Phebe 60%1BR,1BA$1.20
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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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.

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Pet Friendly Lifestyle
Old Forest, Lansing, MI

Ranked #21

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

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Old Forest, Lansing, and the greater Lansing area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Old Forest Apartments

What is a cheap apartment in Old Forest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Forest is under $845.

What is the price of a cheap apartment in Old Forest?

The cheapest apartment in Old Forest is Reside 517 LLC which is listed at $675, while the average apartment in Old Forest costs $1,755.

What types of apartments are the cheapest in Old Forest?

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 Old Forest 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 Old Forest?

Cheap apartments in Old Forest have an average cost of $198 which is $1,557 cheaper than the average rent for all rentals in Old Forest.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

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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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.