
Cheap Homes for Rent in Shepard Street Area Lansing, MI from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Shepard Street Area area of Lansing.


917 Seymour Ave

1023 N Walnut St

904 Linden Grove Ave

220 W Lapeer St

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.

418 N Walnut St

1138 Porter St

427 Seymour Ave

524 Riley St

323 W Saginaw St

316 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.

213 S Homer St

506 N Foster Ave

517 Regent St

1012 Woodbine Ave

208 W Oakland Ave

801 N Capitol 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.

1025 N Washington Ave
Shepard Street Area, Lansing, MI Local Guide

How much does it cost to rent a home in Shepard Street Area?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shepard Street Area 2 Bedroom Homes for Rent | $1,240 | $895 | $2,400 |
| Shepard Street Area 3 Bedroom Homes for Rent | $1,460 | $900 | $1,950 |
| Shepard Street Area 4 Bedroom Homes for Rent | $1,747 | $675 | $2,400 |
| Shepard Street Area 5 Bedroom Homes for Rent | $1,950 | $1,300 | $2,600 |
| Shepard Street Area 6 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Shepard Street Area Neighborhood of Lansing, MI.
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Shepard Street Area, Lansing, MI Local Guide
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Cheapest Available Shepard Street Area Apartments for Rent
 The cheapest available apartment rental in the Shepard Street Area area of Lansing, MI is a 2 Beds unit found at Abigail Senior priced from $475. 927 W. Shiawassee St. #2-12 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Shepard Street Area apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Abigail Senior | The Gertrude 30% | 2BR,1BA | $475 |
| 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 |
Best Value Apartments for Rent in Shepard Street Area, MI
As of November 27, 2025 the best value apartment in the Shepard Street Area 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 Shepard Street Area apartment is the 4 BEDROOM/4 BATHROOM - D1 Model at Skyvue MI starting at $875 with a $0.65 price per square foot in the Square One neighborhood. Here is today’s list of the best values for Shepard Street Area 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 |
| Skyvue MI | 4 BEDROOM/4 BATHROOM - D1 | 4BR,4BA | $0.65 |
| 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 |
| Campus Village-E. Lansing | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.85 |
| 1224 E Malcolm X St, Unit #1 | 1224 E Malcolm X St | 1BR,1BA | $0.83 |
| 124 E Barnes Ave, Unit Main | 124 E Barnes Ave | 2BR,1BA | $0.98 |
| 1425 Knollwood Ave, Unit #Down | 1425 Knollwood Ave | 2BR,1BA | $1.01 |
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 LifestyleShepard Street Area, Lansing, MI
Ranked #3
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Shepard Street Area, Lansing, MI
School data provided by Great Schools
Frequently Asked Questions about Shepard Street Area
What type of rentals are currently available in Shepard Street Area?
There are currently 311 Apartments for Rent in Shepard Street Area, MI with pricing that ranges from $451 to $4,250. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Shepard Street Area ranging from $675 to $2,800.
What is the current price range for Rental Homes in Shepard Street Area?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Shepard Street Area ranges from $675 to $2,800 with an average monthly rent of $1,683.
How much are larger Three and Four Bedroom Rentals in Shepard Street Area?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Shepard Street Area range from $1,035 to $3,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,950. Four Bedroom Single-Family rentals are also available starting from $675 and Four Bedroom Apartments start at $875.
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.