
Cheap Homes for Rent in Square One Neighborhood of Lansing, MI from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Square One area of Lansing.


220 W Lapeer St

1016 N Capitol Ave

1018 N Pennsylvania Ave

801 N Capitol Ave

832 N Larch St, Unit apt 3
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.

1007 Mahlon St

605 S Grand Ave

128 Whitehills Dr, Unit 3

824 Cleveland St

2208 Marcus St

1223 Bensch St
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.
Square One, Lansing, MI Local Guide

How much does it cost to rent a home in Square One?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Square One 2 Bedroom Homes for Rent | $1,108 | $899 | $1,500 |
| Square One 3 Bedroom Homes for Rent | $1,724 | $1,175 | $3,000 |
| Square One 4 Bedroom Homes for Rent | $1,350 | $1,100 | $1,600 |
| Square One 5 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Square One Neighborhood of Lansing, MI.
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Square One, Lansing, MI Local Guide
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Cheapest Available Square One Apartments for Rent
 The cheapest available apartment rental in the Square One area of Lansing, MI is a 1 Bed unit found at Reside 517 LLC priced from $675. Abbot Manor (910 Apartments, LLC) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here are the most affordable Square One apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $675 |
| Abbot Manor (910 Apartments, LLC) | Abbot Manor Apartments - Two Bedroom | 2BR,1BA | $725 |
| 3106 Holiday Apartments (Michael & Norma Coscarelli) | 3106 Holiday Drive | Studio Available starting ... | Studio,1BA | $750 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $750 |
| Shiawassee Apartments | 1 BR / 1 Bath | 1BR,1BA | $775 |
Best Value Apartments for Rent in Square One, MI
As of June 02, 2026 the best value apartment in the Square One area is the $0.63 price per square foot 4 BEDROOM/4 BATHROOM - D1 Model at Skyvue MI in the in the Square One neighborhood starting from $849. The second greatest value Square One apartment is the 3 Bedroom 3 Bathroom Model at Campus Village-E. Lansing starting at $1,035 with a $0.85 price per square foot in the Square One neighborhood. Here is today’s list of the best values for Square One apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skyvue MI | 4 BEDROOM/4 BATHROOM - D1 | 4BR,4BA | $0.63 |
| Campus Village-E. Lansing | 3 Bedroom 3 Bathroom | 3BR,3BA | $0.85 |
| 917 S Pennsylvania Ave, Unit Lower | 917 S Pennsylvania Ave | 1BR,1BA | $0.90 |
| Kimberly House Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| 224 Crest St | 224 Crest St | 2BR,1BA | $1.12 |
| Brentwood Apartments (460 Silver LLC) | Brentwood Apartments - Two Bedroom *FREE FIRST ... | 2BR,1BA | $1.08 |
| The Quarters East Lansing | B1 - 2x1 | 2BR,1BA | $0.95 |
| Green Oaks Apartments | 2 BR / 1 Bath | 2BR,1BA | $1.12 |
| 1224 E Malcolm X St | 1224 E Malcolm X St | 1BR,1BA | $1.09 |
| Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.07 |
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 ArticleReal 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.
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.
Best Local Schools in Square One, Lansing, MI
School data provided by Great Schools
Frequently Asked Questions about Square One
What type of rentals are currently available in Square One?
There are currently 252 Apartments for Rent in Square One, MI with pricing that ranges from $580 to $4,600. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Square One ranging from $695 to $3,750.
What is the current price range for Rental Homes in Square One?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Square One ranges from $695 to $3,750 with an average monthly rent of $1,764.
How much are larger Three and Four Bedroom Rentals in Square One?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Square One range from $740 to $4,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $750.
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

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.

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.

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.