Cheap Apartments for Rent in the REO Town Neighborhood of Lansing, MI from $500 (82 Rentals)

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

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

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property at 230 S Holmes St

230 S Holmes St

LansingMI48912

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REO Town, Lansing, MI Local Guide

Cheapest Available REO Town Apartments for Rent

 

The cheapest available apartment rental in the REO Town area of Lansing, MI is a 2 Beds unit found at Abigail Senior priced from $533. Holmes Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable REO Town apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Abigail SeniorThe Gertrude 30%2BR,1BA$533
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$750
Reside 517 LLC1BR/1.0BA1BR,1BA$775
Capitol ParkThe One Bedroom1BR,1BA$807
Ferris Park TowersEfficiencyStudio,1BA$810
The Grove @ Grove Park1 Bed, 1 bath1BR,1BA$850
Fountain Place ApartmentsFountain Place - StudioStudio,1BA$875

Best Value Apartments for Rent in REO Town, MI

As of June 15, 2025 the best value apartment in the REO Town area is the $0.82 price per square foot 609 Bluff St Model at 609 Bluff St in the in the North Lansing neighborhood starting from $1,400. The second greatest value REO Town apartment is the 220 W Oakland Ave Model at 220 W Oakland Ave starting at $1,250 with a $0.78 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for REO Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
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
1016 Kelsey Ave1016 Kelsey Ave3BR,1BA$0.93
424 W Saginaw St, Unit 1 - Down424 W Saginaw St2BR,1BA$0.72
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.70
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
124 E Barnes Ave, Unit Main124 E Barnes Ave2BR,1BA$0.98

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Reo Town, Lansing, MI

Ranked #15

Among neighborhoods in Lansing, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Michigan, including Lansing. 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 outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the REO Town Neighborhood in Lansing, MI

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap REO Town Apartments

What is the Cheapest Studio apartment in REO Town?

Currently the most affordable Cheap Studio Apartment in REO Town is at Ferris Park Towers listed at $810.

How much is rent for a Cheap One Bedroom REO Town Apartment?

The lowest price for a Cheap One Bedroom REO Town Apartment is $750 at Holmes Flatz.

What is the lowest price for a Cheap Two Bedroom REO Town Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in REO Town is starting from $533 at Abigail Senior.

What is the most affordable REO Town Three Bedroom Apartment?

The best deal on a cheap REO Town Three Bedroom Apartment rental is at Brentwood Apartments and starts from $1,200.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.