Cheap Homes for Rent in Downtown Lansing Neighborhood of Lansing, MI from $800 (5 Rentals)

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

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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

Best Value Apartments for Rent in Downtown Lansing, MI

As of April 27, 2025 the best value apartment in the Downtown Lansing area is the $0.72 price per square foot 426 W Saginaw St Model at 426 W Saginaw St, Unit 1 Down in the in the Downtown Lansing neighborhood starting from $975. The second greatest value Downtown Lansing apartment is the 424 W Saginaw St Model at 424 W Saginaw St, Unit 1 - Down starting at $975 with a $0.72 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.
426 W Saginaw St, Unit 1 Down426 W Saginaw St2BR,1BA$0.72
424 W Saginaw St, Unit 1 - Down424 W Saginaw St2BR,1BA$0.72
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.70
706 W Saginaw St, Unit 1706 W Saginaw St3BR,1BA$1.17
Ferris Park TowersOne Bedroom1BR,1BA$1.06
507 N Sycamore St, Unit 1st Floor507 N Sycamore St2BR,1BA$1.03
Shiawassee Apartments LLCThe New Brentwood Apartments - Two Bedroom2BR,1BA$1.03
416 W Saginaw St, Unit 1st Floor416 W Saginaw St2BR,1BA$1.11
Capitol ParkThe One Bedroom1BR,1BA$1.02
Tamara Apartments1 Bedroom1BR,1BA$1.28

Frequently Asked Questions about Downtown Lansing

What type of rentals are currently available in Downtown Lansing?

There are currently 80 Apartments for Rent in Downtown Lansing, MI with pricing that ranges from $525 to $8,500. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lansing ranging from $850 to $1,800.

What is the current price range for Rental Homes in Downtown Lansing?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lansing ranges from $850 to $1,800 with an average monthly rent of $1,215.

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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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.