Cheap Apartments for Rent in the Shady Oak Neighborhood of Lansing, MI from $500 (44 Rentals)

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

property at 602 N Pennsylvania Ave

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695
Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

602 N Pennsylvania Ave, Unit #3

602 N Pennsylvania Ave
LansingMI48912

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Bardaville Apartments
1 Bedroom Apartments

Bardaville Apartments

3345 Bardaville DrLansing, MI 48906
  • Utilities Included
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Riverfront Towers
1 to 2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
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Bardaville Apartments
1 Bedroom Apartments

Bardaville Apartments

3325 Bardaville DrLansing, MI 48906
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Walnut Flatz
1 to 2 Bedroom Apartments

Walnut Flatz

826 N Walnut StLansing, MI 48906
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Chestnut Flatz
Studio to 1 Bedroom Apartments

Chestnut Flatz

1216 N Chestnut StLansing, MI 48906

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.

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Windemere Apartments
1 to 2 Bedroom Apartments

Windemere Apartments

2410-2414 W Willow StLansing, MI 48917
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Circle West
1 to 2 Bedroom Apartments

Circle West

3224-3336 Joni's CirLansing, MI 48906
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Ferris Park Apartments
1 to 2 Bedroom Apartments

Ferris Park Apartments

419 W Shiawassee StLansing, MI 48933
  • Utilities Included

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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property at 427 Seymour Ave

$850 - $1,300

1 To 2 Bedroom Rentals

Available Now

427 Seymour Ave

LansingMI48933

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.

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Waverly Gardens
2 to 3 Bedroom Apartments

Waverly Gardens

425-429 N Waverly RdLansing, MI 48917
  • Utilities Included
Showing Results 1-44, Page 1 of 1

Shady Oak, Lansing, MI Local Guide

Cheapest Available Shady Oak Apartments for Rent

 

The cheapest available apartment rental in the Shady Oak 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 Shady Oak 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
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$750
Shiawassee Apartments LLC (723 W Shiawassee, LLC)Shiawassee Apartments - StudioStudio,1BA$750
Shiawassee Apartments1 BR / 1 Bath1BR,1BA$775
Captain's Walk Apartments1 Beds, 1 Baths1BR,1BA$850
Ferris Park TowersEfficiencyStudio,1BA$871

Best Value Apartments for Rent in Shady Oak, MI

As of June 06, 2026 the best value apartment in the Shady Oak 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 Shady Oak apartment is the 424 W Saginaw St Model at 424 W Saginaw St, Unit 1 - Down 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 Shady Oak 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
424 W Saginaw St, Unit 1 - Down424 W Saginaw St2BR,1BA$0.72
433 N Seymour St3 Beds, 1 Baths3BR,1BA$1.12
Abigail SeniorThe Grace 60%2BR,1BA$1.08
820 N Pennsylvania Ave, Unit 3820 N Pennsylvania Ave2BR,1BA$1.22
731 N Sycamore St, Unit 731.5731 N Sycamore St2BR,1BA$1.11
422 W Saginaw St, Unit Upper422 W Saginaw St1BR,1BA$1.08
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.00
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$1.07
Ferris Park TowersEfficiencyStudio ,1BA$1.27

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Shady Oak, Lansing, MI

Ranked #57

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Shady Oak Apartments

What is the Cheapest Studio apartment in Shady Oak?

Currently the most affordable Cheap Studio Apartment in Shady Oak is at Shiawassee Apartments LLC (723 W Shiawassee, LLC) listed at $750.

How much is rent for a Cheap One Bedroom Shady Oak Apartment?

The lowest price for a Cheap One Bedroom Shady Oak Apartment is $675 at Reside 517 LLC.

What is the lowest price for a Cheap Two Bedroom Shady Oak Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shady Oak is starting from $775 at Reside 517 LLC.

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

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.