Cheap Apartments for Rent in the Old Town Lansing Neighborhood of Lansing, MI from $400 (69 Rentals)

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

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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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.

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property at 1030 S Holmes St

$925 - $1,595

Studio To 1 Bedroom Rentals

Available Now

1030 S Holmes St

LansingMI48912

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Chestnut Flatz
Studio to 1 Bedroom Apartments

Chestnut Flatz

1216 N Chestnut StLansing, MI 48906
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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

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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Old Town Lansing, Lansing, MI Local Guide

Cheapest Available Old Town Lansing Apartments for Rent

 

The cheapest available apartment rental in the Old Town Lansing 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 $750. Here are the most affordable Old Town Lansing apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Abigail SeniorThe Gertrude 30%2BR,1BA$475
Reside 517 LLC1BR/1.0BA1BR,1BA$750
Shiawassee Apartments1 BR Standard1BR,1BA$775
Pacific FlatzA1. 1 Bedroom/1 Bath1BR,1BA$775
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$800
Capitol ParkThe One Bedroom1BR,1BA$807

Best Value Apartments for Rent in Old Town Lansing, MI

As of January 19, 2026 the best value apartment in the Old Town Lansing 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 Town Lansing 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 Town Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 N Walnut St, Unit 1501 N Walnut St1BR,1BA$0.27
609 Bluff St609 Bluff St3BR,1BA$0.82
220 W Oakland Ave220 W Oakland Ave3BR,1BA$0.78
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.72
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.72
424 W Saginaw St, Unit 1 - Down424 W Saginaw St2BR,1BA$0.72
426 W Saginaw St, Unit 1 Down426 W Saginaw St2BR,1BA$0.72
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
1224 E Malcolm X St, Unit #11224 E Malcolm X St1BR,1BA$0.83
1010 W Ionia St, Unit 1010 West Ionia1010 W Ionia St1BR,1BA$0.93

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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The 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.

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Cash 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.

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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 Town Lansing, Lansing, MI

Ranked #17

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

This website compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Old Town Lansing, Lansing, and the greater Lansing area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Old Town Lansing Apartments

What is a cheap apartment in Old Town Lansing?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town Lansing is under $807.

What is the price of a cheap apartment in Old Town Lansing?

The cheapest apartment in Old Town Lansing is Reside 517 LLC which is listed at $750, while the average apartment in Old Town Lansing costs $1,595.

What types of apartments are the cheapest in Old Town Lansing?

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 17 regular apartments in Old Town Lansing 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 Town Lansing?

Cheap apartments in Old Town Lansing have an average cost of $209 which is $1,386 cheaper than the average rent for all rentals in Old Town Lansing.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!