Cheap Homes for Rent in REO Town Neighborhood of Lansing, MI from $700 (21 Rentals)

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

property at 427 Seymour Ave

$850 - $1,300

1 To 2 Bedroom Rentals

Available Now

427 Seymour Ave

LansingMI48933

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1007 Mahlon St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

1007 Mahlon St

LansingMI48906

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Showing Results 1-21, Page 1 of 1

Cheapest Available REO Town Apartments for Rent

 

The cheapest available apartment rental in the REO Town area of Lansing, MI is a 1 Bed unit found at Reside 517 LLC priced from $675. Walnut Flatz 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 ListingModel NameBed/BathPriced From
Reside 517 LLC1BR/1.0BA1BR,1BA$675
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$700
Reside 30311 BR / 1 Bath1BR,1BA$725
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$750
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$750

Best Value Apartments for Rent in REO Town, MI

As of June 23, 2026 the best value apartment in the REO Town area is the $0.26 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 $595. The second greatest value REO Town apartment is the 2 Beds, 1 bath Model at Kimberly House Apartments starting at $1,000 with a $0.91 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.
501 N Walnut St, Unit 1501 N Walnut St1BR,1BA$0.26
Kimberly House Apartments2 Beds, 1 bath2BR,1BA$0.91
224 Crest St, Unit 2224 Crest St2BR,1BA$1.04
Brentwood ApartmentsBrentwood Apartments - Two Bedroom *FREE FIRST ...2BR,1BA$1.08
213 S Fairview Ave, Unit Lower213 S Fairview Ave2BR,1BA$1.07
Colonial Place Apartments1 BR / 1 Bath1BR,1BA$0.83
1224 E Malcolm X St, Unit #41224 E Malcolm X St1BR,1BA$1.09
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.00
Pennsylvania Flatz1 Bedroom/1 Bath1BR,1BA$1.07
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$1.07

Frequently Asked Questions about REO Town

What type of rentals are currently available in REO Town?

There are currently 237 Apartments for Rent in REO Town, MI with pricing that ranges from $595 to $4,250. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in REO Town ranging from $750 to $2,000.

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 $2,000 with an average monthly rent of $1,266.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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