Cheap Apartments for Rent in the Old Oakland Neighborhood of Lansing, MI from $479 (81 Rentals)

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

property at 128 S Hosmer St
$795 - $1,050
Studio To 3 Bedroom Rentals
Available Now

128 S Hosmer St

LansingMI48912

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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property at 2917 Harwick Dr
$895 - $1,095
2 Bedroom Rentals
Available Oct 6
Cost Per Sq.Ft.

2917 Harwick Dr

LansingMI48917

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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property at 214 E Elm St
$995
1 Bedroom Rentals
Available Now

214 E Elm St

LansingMI48910

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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2935 N East St
$1,100 - $1,300

Total Monthly Price

Base Rent$1,100 - $1,300
Total Monthly Price$1,100 - $1,300
1 to 2 Bedroom Apartment Available Now

2935 N East St

2935 N East StLansing, MI 48906
Cost Per Sq.Ft.
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Bardaville Apartments
1 Bedroom Apartments

Bardaville Apartments

3345 Bardaville DrLansing, MI 48906
  • 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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916 W Ottawa St
1 to 2 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
  • Utilities Included
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Riverfront Towers
1 to 2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
  • Utilities Included
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Capital Manor
Studio to 2 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
  • Utilities Included
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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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319 E Hillsdale
1 to 2 Bedroom Apartments

319 E Hillsdale

319 E Hillsdale 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

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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Old Oakland, Lansing, MI Local Guide

Cheapest Available Old Oakland Apartments for Rent

 

The cheapest available apartment rental in the Old Oakland area of Lansing, MI is a 1 Bed unit found at Walnut Flatz priced from $700. Windemere Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $734. Here are the most affordable Old Oakland apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$700
Windemere Apartments1 Bed, 1 bath1BR,1BA$734
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Shiawassee ApartmentsShiawassee Apartments | Studio | One BathStudio,1BA$750
Capitol ParkThe One Bedroom1BR,1BA$807
3322 W Michigan Ave1 Beds, 1 Baths1BR,1BA$850
Captain's Walk Apartments1 Beds, 1 Baths1BR,1BA$850

Best Value Apartments for Rent in Old Oakland, MI

As of September 04, 2026 the best value apartment in the Old Oakland 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 Oakland apartment is the 422 W Saginaw St Model at 422 W Saginaw St, Unit 1 - Down starting at $975 with a $0.72 price per square foot in the Downtown Lansing neighborhood. Here is today’s list of the best values for Old Oakland 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
422 W Saginaw St, Unit 1 - Down422 W Saginaw St2BR,1BA$0.72
706 W Saginaw St, Unit 2706 W Saginaw St3BR,1BA$1.08
The ArbaughThe Arbaugh - Two Bedroom Apartment2BR,1BA$1.11
Willis Apartments3 Bed / 1 Bath3BR,1BA$1.09
Ferris Park TowersTwo Bedroom - One Balcony2BR,1BA$1.11
The "Wave"Two Bedroom Premium2BR,1BA$1.08
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
Capitol ParkThe One Bedroom1BR,1BA$1.02
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.00

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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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.

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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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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in areas across the United States and customized analysis for Lansing, Michigan. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, places that make kids happy, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Old Oakland Apartments

What is the Cheapest Studio apartment in Old Oakland?

Currently the most affordable Cheap Studio Apartment in Old Oakland is at Shiawassee Apartments listed at $750.

How much is rent for a Cheap One Bedroom Old Oakland Apartment?

The lowest price for a Cheap One Bedroom Old Oakland Apartment is $700 at Walnut Flatz.

What is the lowest price for a Cheap Two Bedroom Old Oakland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old Oakland is starting from $962 at Capitol Park.

What is the most affordable Old Oakland Three Bedroom Apartment?

The best deal on a cheap Old Oakland Three Bedroom Apartment rental is at Willis Apartments and starts from $1,213.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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 Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.