Cheap Homes for Rent in Lansing, MI from $600 (24 Rentals)

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Lansing, MI Local Guide

Cheapest Neighborhoods for Apartments in Lansing, MI

Pricing Updated: 03/22/2025

Current apartment rentals in the Lansing, MI area range in price from $600 to $3,750 with an overall median price of $1,903. The three Lansing neighborhoods with the lowest median rent pricing are Groesbeck Area at $635, Groesbeck at $600, and Downtown Lansing at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lansing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Groesbeck Area$635$63545
Groesbeck$1,000$600147
Downtown Lansing$1,100$850323
Edgemont Park$1,297$750908
Riverside$1,425$6001344
Moores Park$1,445$6001378
Genesee$1,450$750833
River Point$1,495$1,49543
Creston Area$1,499$1,39579
Averill Woods$1,550$750368

Cheapest Available Lansing Apartments for Rent

 

The cheapest available apartment rental in Lansing, MI is a 2 Beds unit found at Woodward Way in the Meridian Township Okemos neighborhood priced from $382. 25 East in the Eastfield neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $505. Here is today’s list of the most affordable Lansing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodward Way2 Bedroom2BR,1BA$382
25 East4BR/2BA - Top Floor4BR,2BA$505
Capital ManorSTUStudio,1BA$669
Bardaville ApartmentsSmall Unit1BR,1BA$675
Fred ApartmentsStudioStudio,1BA$675

Best Value Apartments for Rent in Lansing, MI

As of March 22, 2025 the best value apartment in the Lansing area is the $0.63 price per square foot 4x4.5 Townhome B Alternate Model at Hannah Lofts in the in the Forest View neighborhood starting from $1,040. The second greatest value Lansing apartment is the 4 Bedroom 4 Bathroom Model at Campus Village-E. Lansing starting at $925 with a $0.66 price per square foot in the Square One neighborhood. Here is today’s list of the best values for Lansing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hannah Lofts4x4.5 Townhome B Alternate4BR,4.5BA$0.63
Campus Village-E. Lansing4 Bedroom 4 Bathroom4BR,4BA$0.66
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.70
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.63
The Club at Chandler Crossings3 BED 3 BATH - EMERALD3BR,3BA$0.54
Woodward Way2 Bedroom2BR,1.5BA$0.37
Meridian Stratford Place Senior 55+ ApartmentsThe Berkshire2BR,1BA$0.94
The Village at Chandler Crossings2 BED 2 BATH - SPARTAN2BR,2BA$0.88
Fred & Louisa Flatz2 Bedroom/1 Bath2BR,1BA$0.97
Foundation | The TowerB12BR,1BA$0.96

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Frequently Asked Questions about Lansing

What type of rentals are currently available in Lansing?

There are currently 672 Apartments for Rent in Lansing, MI with pricing that ranges from $505 to $8,500. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lansing ranging from $600 to $3,750.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lansing ranges from $600 to $3,750 with an average monthly rent of $1,502.

How much are larger Three and Four Bedroom Rentals in Lansing?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lansing range from $670 to $8,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $635 to $2,099. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $505.

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.

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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.

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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.

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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.