Cheap Apartments for Rent near Shaftsburg, MI from $400 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Shaftsburg.

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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College Park Apartments
1 Bedroom Apartments

College Park Apartments

2722 E Grand River AveEast Lansing, MI 48823
  • Utilities Included

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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Legacy at Pinelake
1 Bedroom Apartments

Legacy at Pinelake

6076 Marsh RdHaslett, MI 48840
  • Utilities Included

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.

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Jo Don Apartments
1 Bedroom Apartments

Jo Don Apartments

5114 Jo Don DrEast Lansing, MI 48823
Student Housing
  • Utilities Included
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1710 Chief Okemos Cir
2 Bedroom Apartments

1710 Chief Okemos Cir

1710 Chief Okemos CirOkemos, MI 48864
Corporate Housing
  • Utilities Included

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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Showing Results 1-28, Page 1 of 1

Shaftsburg, MI Local Guide

Cheapest Available Shaftsburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shaftsburg, MI is a 3 Beds unit found at Woodward Way in the Meridian Township Okemos neighborhood priced from $437. 25 East in the East Lansing neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. Here is today’s list of the most affordable Shaftsburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodward Way3x23BR,2BA$437
25 East4BR/2BA - Top Floor4BR,2BA$620
The Cottages (Cottages Hunsaker 1 LLC)The Cottages Quad Split - Four Bed | Four and a...4BR,4BA$625
Meridian Stratford Place Senior 55+ ApartmentsThe Avon1BR,1BA$713
Okemos Village Apartments1 Bedroom 1 Bath1BR,1BA$899
Parkside ApartmentsOne Bed | One Bath1BR,1BA$900
Prime Housing GroupCedarview East Apartments - 1 Bedroom1BR,1BA$930
Hawk's Ridge Senior/Family ApartmentsSenior unit2BR,1BA$990
Lakeview ApartmentsChalet Floor Plan2BR,1BA$990
Countryway East Apartments1 Bedroom1BR,1BA$1,006

Best Value Apartments for Rent in Shaftsburg, MI and Nearby

As of August 20, 2026 the best value apartment in the Shaftsburg area is the $0.72 price per square foot 4 Bed/4.5 Bath Townhome Model at Hannah Townhomes & Lofts in the in the Michigan State University neighborhood starting from $1,205. The second greatest value Shaftsburg apartment is the 4 BED 4 BATH - EMERALD Model at The Club at Chandler Crossings starting at $619 with a $0.44 price per square foot in the Meridian Township Okemos neighborhood. Here is today’s list of the best values for Shaftsburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hannah Townhomes & Lofts4 Bed/4.5 Bath Townhome4BR,4BA$0.72
The Club at Chandler Crossings4 BED 4 BATH - EMERALD4BR,4BA$0.44
1741 Chief OkemosTownhome3BR,1.5BA$1.12
25 East4BR/2BA - Top Floor4BR,2BA$0.51
Hamilton TraceWillow2BR,1.5BA$1.19
Lakeview ApartmentsAlpine Floor Plan2BR,1BA$1.10
The Landings at Chandler Crossings2 BED 2 BATH - EMERALD2BR,2BA$0.91
The Village at Chandler Crossings2 BED 2 BATH - SPARTAN2BR,2BA$0.89
Woodward Way1x11BR,1BA$0.92
Meridian Stratford Place Senior 55+ ApartmentsThe Avon1BR,1BA$1.12

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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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Shaftsburg, MI Rentals by Map

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See the most popular apartments and homes in Shaftsburg, MI

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Frequently Asked Questions about Cheap Shaftsburg Apartments

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

The lowest price for a Cheap One Bedroom Shaftsburg Apartment is $630 at Woodward Way.

What is the lowest price for a Cheap Two Bedroom Shaftsburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Shaftsburg is starting from $847 at Meridian Stratford Place Senior 55+ Apartments.

What is the most affordable Shaftsburg Three Bedroom Apartment?

The best deal on a cheap Shaftsburg Three Bedroom Apartment rental is at Woodward Way and starts from $437.

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

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.