Cheap Apartments for Rent in the Walnut Neighborhood of Lansing, MI from $500 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Walnut area of Lansing.

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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Abigail Senior
2 Bedroom Apartments

Abigail Senior

715 W Willow StLansing, MI 48906
Senior Living
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916 W Ottawa St
1 to 2 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
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Riverfront Towers
2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Shiawassee Apartments
2 Bedroom Apartments

Shiawassee Apartments

906 E Shiawassee StLansing, MI 48912
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Ferris Park Apartments
1 to 2 Bedroom Apartments

Ferris Park Apartments

419 W Shiawassee StLansing, MI 48933
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Walnut Flatz
1 Bedroom Apartments

Walnut Flatz

826 N Walnut StLansing, MI 48906
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Chestnut Flatz
1 Bedroom Apartments

Chestnut Flatz

1216 N Chestnut StLansing, MI 48906

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.

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Showing Results 1-37, Page 1 of 1

Walnut, Lansing, MI Local Guide

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 $800. Capitol Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $807. Here are the most affordable Walnut apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$800
Capitol ParkThe One Bedroom1BR,1BA$807
Ferris Park TowersEfficiencyStudio,1BA$810
REO Town Apartments300 Building 1 Bedroom1BR,1BA$895
City View Apartments - 501 (501 S. Capitol Ave Lansing, MI)City View - Studio - The Clearwater *MOVE IN SP...Studio,1BA$975
Lansing Tower ApartmentsAllegan1BR,1BA$1,075
Capitol View ApartmentsSStudio,1BA$1,145
Prudden Place1 Bed 1 Bath Solarium1BR,1BA$1,169

Best Value Apartments for Rent in Walnut, MI

As of June 02, 2025 the best value apartment in the Walnut area is the $1.19 price per square foot 829 N Walnut St Model at 829 N Walnut St, Unit 1 in the in the North Lansing neighborhood starting from $1,295. The second greatest value Walnut apartment is the The Grace 60% Model at Abigail Senior starting at $1,213 with a $1.16 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 ListingModel NameBed/BathPrice Per Sq.Ft.
829 N Walnut St, Unit 1829 N Walnut St2BR,1BA$1.19
Abigail SeniorThe Grace 60%2BR,1BA$1.16
816 Call St, Unit Second Floor816 Call St2BR,1BA$1.33
522 N Walnut St, Unit Lower522 N Walnut St1BR,1BA$1.07
Capitol ParkThe One Bedroom1BR,1BA$1.02
Lansing Tower ApartmentsAllegan1BR,1BA$1.40
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.14
Ferris Park TowersEfficiencyStudio ,1BA$1.18
529 W Ionia St, Unit 1529 W Ionia StStudio ,1BA$1.36
800 W Ionia St, Unit 2800 W Ionia St2BR,1BA$1.38

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Walnut, Lansing, MI

Ranked #51

Among neighborhoods in Lansing, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 Ferris Park Towers listed at $810.

How much is rent for a Cheap One Bedroom Walnut Apartment?

The lowest price for a Cheap One Bedroom Walnut Apartment is $800 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 $844 at Capitol Park.

What is the most affordable Walnut Three Bedroom Apartment?

The best deal on a cheap Walnut Three Bedroom Apartment rental is at The Arbaugh and starts from $1,500.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.