Cheap Apartments for Rent in the Downtown Lansing Neighborhood of Lansing, MI from $500 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
916 W Ottawa St
1 to 2 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
  • Utilities Inc.
close
View Me
Riverfront Towers
2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
  • Utilities Inc.
close
View Me
319 E Hillsdale
2 Bedroom Apartments

319 E Hillsdale

319 E Hillsdale StLansing, MI 48933
  • Utilities Inc.
close
View Me
Ferris Park Apartments
1 to 2 Bedroom Apartments

Ferris Park Apartments

419 W Shiawassee StLansing, MI 48933
  • Utilities Inc.
close
View Me
Tamara Apartments
1 Bedroom Apartments

Tamara Apartments

335 E Saint Joseph StLansing, MI 48933
  • Utilities Inc.
property at 605 S Grand Ave

605 S Grand Ave

LansingMI48933

Cheapest Available Downtown Lansing Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lansing area of Lansing, MI is a Studio unit found at Capital Manor priced from $669. Shiawassee Apartments LLC has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Downtown Lansing apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Capital ManorSTUStudio,1BA$669
Shiawassee Apartments LLCShiawassee Apartments - StudioStudio,1BA$750
Tamara Apartments1 Bedroom1BR,1BA$800
Capitol ParkThe One Bedroom1BR,1BA$807
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$825
Lansing TowerThe WilcottStudio,1BA$902
Lansing City View ApartmentsEmpressStudio,1BA$970
Historic Hillcrest Village ApartmentsHillcrest I: The Flat1BR,1BA$1,010

Best Value Apartments for Rent in Downtown Lansing, MI

As of March 10, 2025 the best value apartment in the Downtown Lansing area is the $0.70 price per square foot 422 W Saginaw St Model at 422 W Saginaw St, Unit Lower in the in the Downtown Lansing neighborhood starting from $950. The second greatest value Downtown Lansing apartment is the 706 W Saginaw St Model at 706 W Saginaw St, Unit 1 starting at $1,300 with a $1.08 price per square foot in the Downtown Lansing neighborhood. Here is today’s list of the best values for Downtown Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.70
706 W Saginaw St, Unit 1706 W Saginaw St3BR,1BA$1.08
The ArbaughThe Arbaugh - Two Bedroom Apartment2BR,1BA$1.22
Ferris Park TowersOne Bedroom1BR,1BA$1.06
Shiawassee Apartments LLCThe New Brentwood Apartments - Two Bedroom2BR,1BA$1.03
319 N Sycamore St, Unit 319 #1319 N Sycamore St1BR,1BA$1.11
Capitol ParkThe One Bedroom1BR,1BA$1.02
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$1.18
Tamara Apartments1 Bedroom1BR,1BA$1.28
Capital ManorSTUStudio ,1BA$1.49

Getting Around the Downtown Lansing Neighborhood in Lansing, MI

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

55 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Downtown Lansing Apartments

What is the Cheapest Studio apartment in Downtown Lansing?

Currently the most affordable Cheap Studio Apartment in Downtown Lansing is at Capital Manor listed at $669.

How much is rent for a Cheap One Bedroom Downtown Lansing Apartment?

The lowest price for a Cheap One Bedroom Downtown Lansing Apartment is $699 at Capital Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lansing is starting from $844 at Capitol Park.

What is the most affordable Downtown Lansing Three Bedroom Apartment?

The best deal on a cheap Downtown Lansing 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.