
Cheap Homes for Rent in REO Town Neighborhood of Lansing, MI from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the REO Town area of Lansing.


917 Seymour Ave

1016 N Capitol Ave

220 W Lapeer St

720 Loa 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.

427 Seymour Ave

801 N Capitol Ave

1604 Coleman Ave

1301 Hillcrest St

305 Howe St
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.

1007 Mahlon St

307 N Walnut St

3804 S Pennsylvania Ave

923 N Sycamore St

508 N Foster Ave
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.

701 W Holmes Rd

605 S Grand Ave
REO Town, Lansing, MI Local Guide

How much does it cost to rent a home in REO Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| REO Town 2 Bedroom Homes for Rent | $1,208 | $999 | $1,500 |
| REO Town 3 Bedroom Homes for Rent | $1,417 | $1,050 | $1,850 |
| REO Town 4 Bedroom Homes for Rent | $1,501 | $1,100 | $1,955 |
| REO Town 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| REO Town 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the REO Town Neighborhood of Lansing, MI.
Explore Lansing
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 $475. Chestnut Flatz has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable REO Town apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abigail Senior | The Gertrude 30% | 2BR,1BA | $475 |
| Chestnut Flatz | Studio | Studio,1BA | $625 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
| Reside 3031 | 1 BR / 1 Bath | 1BR,1BA | $725 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in REO Town, MI
As of March 22, 2026 the best value apartment in the REO Town area is the $0.78 price per square foot 220 W Oakland Ave Model at 220 W Oakland Ave in the in the North Lansing neighborhood starting from $1,250. The second greatest value REO Town apartment is the The Grace 60% Model at Abigail Senior starting at $925 with a $0.89 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 220 W Oakland Ave | 220 W Oakland Ave | 3BR,1BA | $0.78 |
| Abigail Senior | The Grace 60% | 2BR,1BA | $0.89 |
| Brentwood Apartments | Brentwood Apartments - Two Bedroom *FREE FIRST ... | 2BR,1BA | $1.08 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Pacific Flatz | B1. 2 Bedroom/1 Bath | 2BR,1BA | $1.06 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| 1010 W Ionia St, Unit 1010 West Ionia | 1010 W Ionia St | 1BR,1BA | $0.93 |
| Holmes Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.07 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.00 |
| Chestnut Flatz | Studio | Studio ,1BA | $0.89 |
Frequently Asked Questions about REO Town
What type of rentals are currently available in REO Town?
There are currently 249 Apartments for Rent in REO Town, MI with pricing that ranges from $475 to $4,250. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in REO Town ranging from $790 to $2,800.
What is the current price range for Rental Homes in REO Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in REO Town ranges from $790 to $2,800 with an average monthly rent of $1,605.
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

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.

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.

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.