
Cheap Apartments for Rent in the Shady Oak Neighborhood of Lansing, MI from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shady Oak area of Lansing.


501 N Walnut St, Unit 1

504 W Lapeer St, Unit #D

Reside 517 LLC

Shiawassee Apartments

533.5 Seymour Ave

1429 Knollwood Ave, Unit #Up

Ferris Park Towers
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.

624 W Lapeer St, Unit 1

1037 E Oakland Ave

Temple Lofts

420.5 W Maple St

507 N Sycamore St, Unit 1st Floor

422 W Saginaw St, Unit Lower

426 W Saginaw St, Unit 1 Down

424 W Saginaw St, Unit 1 - Down
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.

1425 Knollwood Ave, Unit #Down

416 W Saginaw St, Unit 1st Floor

820 N Pennsylvania Ave, Unit 1

Bardaville Apartments

Chestnut Flatz

Riverfront Towers

Bardaville Apartments

Carriage House Apartments
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.

Windemere Apartments

927 W. Shiawassee St. #2-12

Circle West

Seymour Manor Apartments

Skyline Apartments

Ferris Park Apartments

Walnut Flatz

Shiawassee Apartments LLC (723 W Shiawassee, LLC)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Waverly Gardens
Shady Oak, Lansing, MI Local Guide

How much does it cost to rent an apartment in Shady Oak?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shady Oak Studio Apartments | $933 | $871 | $1,296 |
| Shady Oak 1 Bedroom Apartments | $1,143 | $451 | $2,195 |
| Shady Oak 2 Bedroom Apartments | $1,370 | $475 | $4,250 |
| Shady Oak 3 Bedroom Apartments | $2,136 | $1,250 | $3,250 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Shady Oak Neighborhood of Lansing, MI.
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Cheapest Available Shady Oak Apartments for Rent
 The cheapest available apartment rental in the Shady Oak area of Lansing, MI is a 2 Beds unit found at Abigail Senior priced from $475. Reside 517 LLC has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Shady Oak apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abigail Senior | The Gertrude 30% | 2BR,1BA | $475 |
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $750 |
| Shiawassee Apartments | 1 BR Standard | 1BR,1BA | $775 |
| Ferris Park Towers | Efficiency | Studio,1BA | $871 |
| Shiawassee Apartments LLC (723 W Shiawassee, LLC) | The New Brentwood Apartments - Two Bedroom | 2BR,1BA | $975 |
Best Value Apartments for Rent in Shady Oak, MI
As of January 21, 2026 the best value apartment in the Shady Oak area is the $0.27 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 $625. The second greatest value Shady Oak apartment is the 609 Bluff St Model at 609 Bluff St starting at $1,400 with a $0.82 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for Shady Oak apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 501 N Walnut St, Unit 1 | 501 N Walnut St | 1BR,1BA | $0.27 |
| 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 | $0.72 |
| 220 W Oakland Ave | 220 W Oakland Ave | 3BR,1BA | $0.78 |
| 426 W Saginaw St, Unit 1 Down | 426 W Saginaw St | 2BR,1BA | $0.72 |
| 424 W Saginaw St, Unit 1 - Down | 424 W Saginaw St | 2BR,1BA | $0.72 |
| 422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.72 |
| 1425 Knollwood Ave, Unit #Down | 1425 Knollwood Ave | 2BR,1BA | $1.01 |
| 507 N Sycamore St, Unit 1st Floor | 507 N Sycamore St | 2BR,1BA | $1.03 |
| 416 W Saginaw St, Unit 1st Floor | 416 W Saginaw St | 2BR,1BA | $1.11 |
Frequently Asked Questions about Cheap Shady Oak Apartments
What is a cheap apartment in Shady Oak?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shady Oak is under $975.
What is the price of a cheap apartment in Shady Oak?
The cheapest apartment in Shady Oak is Reside 517 LLC which is listed at $750, while the average apartment in Shady Oak costs $1,775.
What types of apartments are the cheapest in Shady Oak?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Shady Oak that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shady Oak?
Cheap apartments in Shady Oak have an average cost of $300 which is $1,475 cheaper than the average rent for all rentals in Shady Oak.
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

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.

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!