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$479 - $1,2301 to 2 Bedroom Apartments Available Now
Abigail Senior
715 W Willow StLansing, MI 48906
Cheap Apartments for Rent in the Walnut Neighborhood of Lansing, MI from $479 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut area of Lansing.
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$5951 Bedroom Apartment Available Now
501 N Walnut St, Unit 1
501 N Walnut StLansing, MI 48933
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$625 - $995Studio to 2 Bedroom Apartments Available Now
Shiawassee Apartments
906 E Shiawassee StLansing, MI 48912
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$700 - $7751 Bedroom Apartments Available Soon
Reside 517 LLC
829 E Shiawassee StLansing, MI 48912
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$750 - $975Studio to 2 Bedroom Apartments Available Now
Shiawassee Apartments
723 W ShiawasseeLansing, MI 48915
805 W Saginaw St
LansingMI48915
128 S Hosmer St
LansingMI48912
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$807 - $1,3601 to 2 Bedroom Apartments Available Now
Capitol Park
820 W Ottawa StLansing, MI 48915
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$850
Total Monthly Price
Base Rent$850
Total Monthly Price$850
814 Vine St
814 Vine StLansing, MI 48912
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$8501 Bedroom Apartments Available Now
820 W Shiawassee St, Unit B- Upstairs
820 W Shiawassee StLansing, MI 48915
909 N Capitol Ave
LansingMI48906
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Rent Specials
$871 - $1,301Studio to 2 Bedroom Apartments Available Now
Ferris Park Towers
323 N Walnut StLansing, MI 48933
1018 N Pennsylvania Ave
LansingMI48906
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$900 - $1,915Studio to 3 Bedroom Apartments Available Now
Lansing Tower Apartments
610 W Ottawa StLansing, MI 48933
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$925 - $1,655Studio to 2 Bedroom Apartments Available Sep 30
Temple Lofts
502 E Cesar E Chavez AveLansing, MI 48906
316 N Sycamore St
LansingMI48933
915 W Lapeer St
LansingMI48915
1120 W Washtenaw St
LansingMI48915
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$975
Total Monthly Price
Base Rent$975
Total Monthly Price$975
422 W Saginaw St, Unit 1 - Down
422 W Saginaw StLansing, MI 48933
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1 to 2 Bedroom Apartments
916 W Ottawa St
916 W Ottawa StLansing, MI 48915
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1 to 2 Bedroom Apartments
Riverfront Towers
601 N Cedar StLansing, MI 48912
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1 to 2 Bedroom Apartments
Walnut Flatz
826 N Walnut StLansing, MI 48906
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Studio to 1 Bedroom Apartments
Chestnut Flatz
1216 N Chestnut StLansing, MI 48906
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1 Bedroom Apartments
821 E Shiawassee St
821 E Shiawassee StLansing, MI 48912
1023 N Walnut St
LansingMI48906
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1 to 2 Bedroom Apartments
Seymour Manor Apartments
525 N Seymour StLansing, MI 48933
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1 to 2 Bedroom Apartments
Ferris Park Apartments
419 W Shiawassee StLansing, MI 48933
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
917 Seymour Ave
LansingMI48906
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1 Bedroom Apartments
927 W. Shiawassee St. #2-12
927 W Shiawassee StLansing, MI 48915
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1 to 2 Bedroom Apartments
Captain's Walk Apartments
427 N Seymour StLansing, MI 48933
1016 N Capitol Ave
LansingMI48906
220 W Lapeer St
LansingMI48933
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1 to 3 Bedroom Apartments
Willis Apartments
800 E Michigan AveLansing, MI 48912
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Studio to 2 Bedroom Apartments
Ionia Street Apartments
730 W Ionia StLansing, MI 48915
917 Linden Grove Ave
LansingMI48912
801 N Capitol Ave
LansingMI48906
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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1 Bedroom Apartments
1025 N Washington Ave
1025 N Washington AveLansing, MI 48906
Showing Results 1-37, Page 1 of 1
Walnut, Lansing, MI Local Guide
How much does it cost to rent an apartment in Walnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Studio Apartments | $1,147 | $625 | $2,198 |
| Walnut 1 Bedroom Apartments | $1,335 | $595 | $2,395 |
| Walnut 2 Bedroom Apartments | $1,684 | $479 | $4,250 |
| Walnut 3 Bedroom Apartments | $2,105 | $1,095 | $3,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 1 mile radius of the Walnut Neighborhood of Lansing, MI.
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Walnut, Lansing, MI Local Guide
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Cheapest Available Walnut Apartments for Rent
The cheapest available apartment rental in the Walnut area of Lansing, MI is a 1 Bed unit found at Walnut Flatz priced from $700. Shiawassee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Walnut apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR, 1BA | $700 |
| Shiawassee Apartments | Shiawassee Apartments | Studio | One Bath | Studio, 1BA | $750 |
| Shiawassee Apartments | 1 BR / 1 Bath | 1BR, 1BA | $775 |
| Capitol Park | The One Bedroom | 1BR, 1BA | $807 |
| Captain's Walk Apartments | 1 Beds, 1 Baths | 1BR, 1BA | $850 |
| Ferris Park Towers | Efficiency | Studio, 1BA | $871 |
| Lansing Tower Apartments | The Capitol House | 1BR, 1BA | $900 |
| Abigail Senior | The Phebe 60% | 1BR, 1BA | $907 |
Best Value Apartments for Rent in Walnut, MI
As of September 17, 2026 the best value apartment in the Walnut area is the $0.26 price per square foot 501 N Walnut St Model at 501 N Walnut St, Unit 1 in the Downtown Lansing neighborhood starting from $595. The second greatest value Walnut apartment is the 1033 E Cesar E Chavez Ave Model at 1033 E Cesar E Chavez Ave, Unit Down in the North Lansing neighborhood starting at $1,250 with a $0.78 price per square foot. Here is today’s list of the best values for Walnut 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 | $0.26 |
| 1033 E Cesar E Chavez Ave, Unit Down | 1033 E Cesar E Chavez Ave | 2BR, 1BA | $0.78 |
| 422 W Saginaw St, Unit 1 - Down | 422 W Saginaw St | 2BR, 1BA | $0.72 |
| 706 W Saginaw St, Unit 2 | 706 W Saginaw St | 3BR, 1BA | $1.08 |
| Willis Apartments | 3 Bed / 1 Bath | 3BR, 1BA | $1.09 |
| 820 N Pennsylvania Ave, Unit 4 | 820 N Pennsylvania Ave | 2BR, 1BA | $1.13 |
| Capitol Park | The One Bedroom | 1BR, 1BA | $1.02 |
| Abigail Senior | The Phebe 60% | 1BR, 1BA | $1.20 |
| 814 Vine St | 814 Vine St | 1BR, 1BA | $1.18 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR, 1BA | $1.00 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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 LifestyleWalnut, Lansing, MI
Ranked #44
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Lansing, MI. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Walnut Apartments
What is the Cheapest Studio apartment in Walnut?
Currently the most affordable Cheap Studio Apartment in Walnut is at Shiawassee Apartments listed at $750.
How much is rent for a Cheap One Bedroom Walnut Apartment?
The lowest price for a Cheap One Bedroom Walnut Apartment is $700 at Walnut Flatz.
What is the lowest price for a Cheap Two Bedroom Walnut Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Walnut is starting from $799 at Shiawassee Apartments.
What is the most affordable Walnut Three Bedroom Apartment?
The best deal on a cheap Walnut Three Bedroom Apartment rental is at Willis Apartments and starts from $1,213.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.