
Cheap Homes for Rent in the REO Town Neighborhood of Lansing, MI from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the REO Town area of Lansing.


1021 N Walnut St

123 S Francis Ave

1615 Herbert St, Unit Upper Unit

917 Seymour Ave

1016 N Capitol Ave

220 W Lapeer St
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1222 Parkview St

1018 N Pennsylvania Ave

208 W Oakland Ave

412 W César E. Chávez Ave

316 W Saginaw St

801 N Capitol Ave

1219 McCullough St
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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 | $1,193 | $899 | $1,650 |
| REO Town 3 Bedroom Homes for Rent | $1,405 | $750 | $1,750 |
| REO Town 4 Bedroom Homes for Rent | $1,561 | $1,350 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the REO Town Neighborhood of Lansing, MI.
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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 $479. Reside 517 LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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 | $479 |
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $700 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
| Reside 3031 | 1 BR / 1 Bath | 1BR,1BA | $725 |
| Windemere Apartments | 1 Bed, 1 bath | 1BR,1BA | $734 |
Best Value Apartments for Rent in REO Town, MI
As of August 08, 2026 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 1033 E Cesar E Chavez Ave Model at 1033 E Cesar E Chavez Ave, Unit Down 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 609 Bluff St | 609 Bluff St | 3BR,1BA | $0.82 |
| 1033 E Cesar E Chavez Ave, Unit Down | 1033 E Cesar E Chavez Ave | 2BR,1BA | $0.78 |
| 422 W Saginaw St, Unit 1 - Down | 422 W Saginaw St | 2BR,1BA | $0.72 |
| Willis Apartments | 3 Bed / 1 Bath | 3BR,1BA | $1.09 |
| Kimberly House Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| 224 Crest St, Unit 2 | 224 Crest St | 2BR,1BA | $1.04 |
| Brentwood Apartments (460 Silver LLC) | Two Bed | One Bath | 2BR,1BA | $1.08 |
| Colonial Place Apartments | 1 BR / 1 Bath | 1BR,1BA | $0.83 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.00 |
Frequently Asked Questions about REO Town
What type of rentals are currently available in REO Town?
There are currently 239 Apartments for Rent in REO Town, MI with pricing that ranges from $479 to $4,250. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in REO Town ranging from $650 to $1,800.
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 $650 to $1,800 with an average monthly rent of $1,179.
How much are larger Three and Four Bedroom Rentals in REO Town?
For those who are looking for larger living arrangements, Three Bedroom Apartments in REO Town range from $1,200 to $3,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $2,200.
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

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.

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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.