
Cheap Homes for Rent in Old Forest Neighborhood of Lansing, MI from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Forest area of Lansing.


1021 N Walnut St

917 Seymour Ave

1016 N Capitol Ave

1021 Moores River Dr

220 W Lapeer St
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.

427 Seymour Ave

1018 N Pennsylvania Ave

316 W Saginaw St

801 N Capitol Ave

915 Loa St

323 W Saginaw St
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.

1021 Moores River Dr, Unit 1

1007 Mahlon St

923 N Sycamore St

605 S Grand Ave

307 N Walnut St

1010 N Pine St, Unit B
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.
Old Forest, Lansing, MI Local Guide

How much does it cost to rent a home in Old Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Forest 2 Bedroom Homes for Rent | $1,133 | $899 | $1,329 |
| Old Forest 3 Bedroom Homes for Rent | $1,373 | $1,100 | $1,550 |
| Old Forest 4 Bedroom Homes for Rent | $1,613 | $1,100 | $1,955 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Old Forest Neighborhood of Lansing, MI.
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Old Forest, Lansing, MI Local Guide
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Cheapest Available Old Forest Apartments for Rent
 The cheapest available apartment rental in the Old Forest area of Lansing, MI is a 2 Beds unit found at Abigail Senior priced from $475. Reside 517 LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Old Forest apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abigail Senior | The Gertrude 30% | 2BR,1BA | $475 |
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $675 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
| 821 E Shiawassee St | 1 bedroom | 1BR,1BA | $750 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Old Forest, MI
As of April 29, 2026 the best value apartment in the Old Forest area is the $0.27 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 $625. The second greatest value Old Forest apartment is the Shiawassee Model at Lansing Tower Apartments starting at $1,455 with a $1.08 price per square foot in the Downtown Lansing neighborhood. Here is today’s list of the best values for Old Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 N Walnut St, Unit 1 | 501 N Walnut St | 1BR,1BA | $0.27 |
| Lansing Tower Apartments | Shiawassee | 2BR,2BA | $1.08 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Green Oaks Apartments | 2 BR / 1 Bath | 2BR,1BA | $1.12 |
| 731 N Sycamore St, Unit 731.5 | 731 N Sycamore St | 2BR,1BA | $1.11 |
| 522 N Walnut St, Unit Lower | 522 N Walnut St | 1BR,1BA | $1.16 |
| Blue Spruce Apartments | 2 BR / 1 Bath | 2BR,1BA | $1.12 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.00 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.07 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $1.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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 LifestyleOld Forest, Lansing, MI
Ranked #23
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Old Forest
What type of rentals are currently available in Old Forest?
There are currently 195 Apartments for Rent in Old Forest, MI with pricing that ranges from $475 to $4,250. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Forest ranging from $650 to $1,955.
What is the current price range for Rental Homes in Old Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Forest ranges from $650 to $1,955 with an average monthly rent of $1,149.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.