307 N Walnut St
LansingMI48933
Cheap Homes for Rent in the Walnut Neighborhood of Lansing, MI from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut area of Lansing.
1023 N Walnut St
LansingMI48906
1021 N Walnut St
LansingMI48906
917 Seymour Ave
LansingMI48906
307 N Chestnut St
LansingMI48933
220 W Lapeer St
LansingMI48933
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.
1016 N Capitol Ave
LansingMI48906
1018 N Pennsylvania Ave
LansingMI48906
316 W Saginaw St
LansingMI48933
801 N Capitol Ave
LansingMI48906
401 N Pennsylvania Ave
LansingMI48912
close
View Me
$1,1002 Bedroom Apartments Available Now
1010 N Pine St, Unit B
1010 N Pine StLansing, MI 48906
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.
427 Seymour Ave
LansingMI48933
Showing Results 1-13, Page 1 of 1
Walnut, Lansing, MI Local Guide
How much does it cost to rent a home in Walnut?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut 2 Bedroom Homes for Rent | $932 | $899 | $1,000 |
| Walnut 3 Bedroom Homes for Rent | $1,507 | $1,299 | $1,650 |
| Walnut 4 Bedroom Homes for Rent | $1,630 | $1,630 | $1,630 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Walnut Neighborhood of Lansing, MI.
Explore Lansing
Walnut, Lansing, MI Local Guide
- Nearby Lansing neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Reside 517 LLC priced from $675. Walnut Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Walnut apartments for rent in Lansing, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reside 517 LLC | 1BR/1.0BA | 1BR,1BA | $675 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $750 |
| Shiawassee Apartments | Shiawassee Apartments - Studio | Studio,1BA | $750 |
| Shiawassee Apartments | 1 BR / 1 Bath | 1BR,1BA | $775 |
Best Value Apartments for Rent in Walnut, MI
As of July 21, 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 in the Downtown Lansing neighborhood starting from $595. The second greatest value Walnut apartment is the 609 Bluff St Model at 609 Bluff St starting at $1,400 with a $0.82 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. |
|---|---|---|---|
| 501 N Walnut St, Unit 1 | 501 N Walnut St | 1BR,1BA | $0.26 |
| 609 Bluff St | 609 Bluff St | 3BR,1BA | $0.82 |
| 433 N Seymour St | 3 Beds, 1 Baths | 3BR,1BA | $1.12 |
| 725 W Genesee St, Unit downstairs | 725 W Genesee St | 1BR,1BA | $1.14 |
| Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
| 1211 W Michigan Ave, Unit 1211 | 1211 W Michigan Ave | 2BR,1BA | $1.40 |
| 927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $1.07 |
| Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.00 |
| Ferris Park Towers | Efficiency | Studio ,1BA | $1.27 |
| Shiawassee Apartments | 1 BR / 1 Bath | 1BR,1BA | $1.29 |
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 Article
Real 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.
Let everyone know!
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.
Write a Review
Pet Friendly LifestyleWalnut, Lansing, MI
Ranked #47
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Walnut
What type of rentals are currently available in Walnut?
There are currently 94 Apartments for Rent in Walnut, MI with pricing that ranges from $595 to $4,250. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut ranging from $650 to $1,650.
What is the current price range for Rental Homes in Walnut?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut ranges from $650 to $1,650 with an average monthly rent of $1,228.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.