Cheap 1 Bedroom Apartments for Rent in the Shepard Street Area Lansing, MI from $595 (62 Rentals)

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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

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Coolidge Arms
1 Bedroom Apartments

Coolidge Arms

921 Coolidge RdLansing, MI 48912
  • Utilities Included
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916 W Ottawa St
1 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
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Capital Manor
1 Bedroom Apartments

Capital Manor

515-524 S Chestnut StLansing, MI 48933
Corporate Housing
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Walnut Flatz
1 Bedroom Apartments

Walnut Flatz

826 N Walnut StLansing, MI 48906

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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Pennsylvania Flatz
1 Bedroom Apartments

Pennsylvania Flatz

1420-1424 S Pennsylvania AveLansing, MI 48910
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Friendship Manor
1 Bedroom Apartments

Friendship Manor

200 Friendship CirLansing, MI 48912
Senior Living
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Pacific Flatz
1 Bedroom Apartments

Pacific Flatz

1401 E Kalamazoo StLansing, MI 48912
Corporate Housing

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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Tamara Apartments
1 Bedroom Apartments

Tamara Apartments

335 E Saint Joseph StLansing, MI 48933
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Reo Lofts
1 Bedroom Apartments

Reo Lofts

1133-1137 S Washington AveLansing, MI 48910
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Washington Apartments
1 Bedroom Apartments

Washington Apartments

927 S Washington AveLansing, MI 48910
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Blakeview Apartments
1 Bedroom Apartments

Blakeview Apartments

1110 Blake AveLansing, MI 48912
  • Utilities Included

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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Shepard Street Area, Lansing, MI Local Guide

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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Quick 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.

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Best Local Schools in
Shepard Street Area, Lansing, MI

School data provided by Great Schools

Frequently Asked Questions about Cheap Shepard Street Area Apartments

What is a cheap apartment in Shepard Street Area?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shepard Street Area is under $775.

What is the price of a cheap apartment in Shepard Street Area?

The cheapest apartment in Shepard Street Area is Reside 517 LLC which is listed at $675, while the average apartment in Shepard Street Area costs $1,866.

What types of apartments are the cheapest in Shepard Street Area?

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 24 regular apartments in Shepard Street Area 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 Shepard Street Area?

Cheap apartments in Shepard Street Area have an average cost of $460 which is $1,406 cheaper than the average rent for all rentals in Shepard Street Area.

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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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.

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.