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Cheap Apartments for Rent in the Walnut Neighborhood of Lansing, MI from $400 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut area of Lansing.
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$765 - $8951 to 2 Bedroom Apartments Available Now
Reside 517 LLC
829 E Shiawassee StLansing, MI 48912
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922 Eureka St
LansingMI48912
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$8001 Bedroom Apartment Available Dec 14
607 Manchester St, Unit 607 Manchster
607 Manchester StLansing, MI 48906
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1017 N Martin Luther King Jr Blvd
LansingMI48915
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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$8501 Bedroom Apartment Available Now
219 W Oakland Ave, Unit 219.5
219 W Oakland AveLansing, MI 48906
533.5 Seymour Ave
LansingMI48933
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$8501 Bedroom Apartment Available Now
1429 Knollwood Ave, Unit #Up
1429 Knollwood AveLansing, MI 48906
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Rent Specials
$871 - $1,201Studio to 2 Bedroom Apartments Available Now
Ferris Park Towers
323 N Walnut StLansing, MI 48933
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229 S 8th St
LansingMI48912
420.5 W Maple St
LansingMI48906
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.
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$907 - $1,622Studio to 2 Bedroom Apartments Contact Us For Availability
Temple Lofts
502 E Cesar E Chavez AveLansing, MI 48906
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Rent Specials
$945 - $1,455Studio to 3 Bedroom Apartments Available Now
Lansing Tower Apartments
610 W Ottawa StLansing, MI 48933
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$9752 Bedroom Apartment Available Now
507 N Sycamore St, Unit 1st Floor
507 N Sycamore StLansing, MI 48933
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$9752 Bedroom Apartment Available Now
424 W Saginaw St, Unit 1 - Down
424 W Saginaw StLansing, MI 48933
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$9902 Bedroom Apartment Available Now
1425 Knollwood Ave, Unit #Down
1425 Knollwood AveLansing, MI 48906
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$9902 Bedroom Apartment Available Now
416 W Saginaw St, Unit 1st Floor
416 W Saginaw StLansing, MI 48933
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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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.
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Studio to 2 Bedroom Apartments
Shiawassee Apartments LLC (723 W Shiawassee, LLC)
723 W ShiawasseeLansing, MI 48915
Showing Results 1-35, 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 | $1,008 | $795 | $1,296 |
| Walnut 1 Bedroom Apartments | $1,171 | $451 | $2,095 |
| Walnut 2 Bedroom Apartments | $1,407 | $475 | $4,250 |
| Walnut 3 Bedroom Apartments | $2,105 | $1,250 | $3,250 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 1 mile radius of the Walnut Neighborhood of Lansing, MI.
See all Apartments in LansingExplore Lansing
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 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 Walnut 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 |
| Capitol Park | The One Bedroom | 1BR,1BA | $807 |
| Ferris Park Towers | Efficiency | Studio,1BA | $871 |
Best Value Apartments for Rent in Walnut, MI
As of December 13, 2025 the best value apartment in the Walnut area is the $0.82 price per square foot 609 Bluff St Model at 609 Bluff St in the in the North Lansing neighborhood starting from $1,400. The second greatest value Walnut apartment is the 220 W Oakland Ave Model at 220 W Oakland Ave starting at $1,250 with a $0.78 price per square foot in the North Lansing neighborhood. 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. |
|---|---|---|---|
| 609 Bluff St | 609 Bluff St | 3BR,1BA | $0.82 |
| 220 W Oakland Ave | 220 W Oakland Ave | 3BR,1BA | $0.78 |
| 1033 E Cesar E Chavez Ave, Unit Down | 1033 E Cesar E Chavez Ave | 2BR,1BA | $0.72 |
| 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 |
| 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 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| Abigail Senior | The Phebe 60% | 1BR,1BA | $1.06 |
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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The 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.
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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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Do you know the Walnut area?
If you’re an expert on all things Walnut, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleWalnut, Lansing, MI
Ranked #49
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 a cheap apartment in Walnut?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut is under $871.
What is the price of a cheap apartment in Walnut?
The cheapest apartment in Walnut is 927 W. Shiawassee St. #2-12 which is listed at $750, while the average apartment in Walnut costs $1,775.
What types of apartments are the cheapest in Walnut?
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 2 regular apartments in Walnut 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 Walnut?
Cheap apartments in Walnut have an average cost of $261 which is $1,514 cheaper than the average rent for all rentals in Walnut.
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
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!
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.