
Cheap Homes for Rent in REO Town Neighborhood of Lansing, MI from $700 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the REO Town area of Lansing.


917 Seymour Ave

1109 W Washtenaw St, Unit .5

1023 N Walnut St

1329 N Jenison Ave

904 Linden Grove Ave

1016 N Capitol Ave
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.

220 W Lapeer St

1138 Porter St

418 N Walnut St

427 Seymour Ave

524 Riley St

809 Westmoreland Ave

323 W Saginaw 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.

316 W Saginaw St

506 N Foster Ave

213 S Homer St

1012 Woodbine Ave

517 Regent St

801 N Capitol Ave

1025 N Washington Ave
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.

1207 N Chestnut St

219 N Magnolia Ave

215 Dunlap St

307 N Walnut St

1126 Seymour Ave

605 S Grand 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.
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 | $6,108 | $795 | $10,000+ |
| REO Town 3 Bedroom Homes for Rent | $1,417 | $900 | $1,850 |
| REO Town 4 Bedroom Homes for Rent | $1,903 | $1,100 | $2,400 |
| REO Town 5 Bedroom Homes for Rent | $1,950 | $1,300 | $2,600 |
| REO Town 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the REO Town Neighborhood of Lansing, MI.
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REO Town, Lansing, MI Local Guide
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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 $475. Brookewood South Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. 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 |
| Brookewood South Apartments | 1 Bedroom | 1BR,1BA | $745 |
| Holmes Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $750 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $750 |
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $765 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $800 |
| Pacific Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $800 |
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
Best Value Apartments for Rent in REO Town, MI
As of November 29, 2025 the best value apartment in the REO Town area is the $0.72 price per square foot 1033 E Cesar E Chavez Ave Model at 1033 E Cesar E Chavez Ave, Unit Down in the in the North Lansing neighborhood starting from $1,150. The second greatest value REO Town apartment is the 422 W Saginaw St Model at 422 W Saginaw St, Unit Lower 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 REO Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1033 E Cesar E Chavez Ave, Unit Down | 1033 E Cesar E Chavez Ave | 2BR,1BA | $0.72 |
| 422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.72 |
| 424 W Saginaw St, Unit 1 - Down | 424 W Saginaw St | 2BR,1BA | $0.72 |
| 426 W Saginaw St, Unit 1 Down | 426 W Saginaw St | 2BR,1BA | $0.72 |
| 1039 S Pennsylvania Ave, Unit 1 - Down | 1039 S Pennsylvania Ave | 1BR,1BA | $0.68 |
| 1224 E Malcolm X St, Unit #1 | 1224 E Malcolm X St | 1BR,1BA | $0.83 |
| Willis Apartments | 3 Bed / 1 Bath | 3BR,1BA | $1.04 |
| 124 E Barnes Ave, Unit Main | 124 E Barnes Ave | 2BR,1BA | $0.98 |
| 507 N Sycamore St, Unit 1st Floor | 507 N Sycamore St | 2BR,1BA | $1.03 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleReo Town, Lansing, MI
Ranked #25
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about REO Town
What type of rentals are currently available in REO Town?
There are currently 266 Apartments for Rent in REO Town, MI with pricing that ranges from $451 to $4,250. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in REO Town ranging from $750 to $99,999.
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 $750 to $99,999 with an average monthly rent of $2,520.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
