
Cheap Apartments for Rent in the Michigan State University Neighborhood of Lansing, MI from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Michigan State University area of Lansing.


Briarcliffe Apartments & Townhomes

College Towne Apartments

Trappers Cove Apartments

Cedar Creek Apartments

Knob Hill Apartments

Arbor Forest Apartments
Michigan State University, Lansing, MI Local Guide

How much does it cost to rent an apartment in Michigan State University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Michigan State University Studio Apartments | $1,464 | $1,399 | $1,530 |
Michigan State University 1 Bedroom Apartments | $1,301 | $888 | $2,795 |
Michigan State University 2 Bedroom Apartments | $1,646 | $925 | $3,825 |
Michigan State University 3 Bedroom Apartments | $1,587 | $720 | $2,861 |
Michigan State University 4 Bedroom Apartments | $1,504 | $1,040 | $1,775 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Michigan State University Neighborhood of Lansing, MI.
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Michigan State University, Lansing, MI Local Guide
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Cheapest Available Michigan State University Apartments for Rent
 The cheapest available apartment rental in the Michigan State University area of Lansing, MI is a 3 Beds unit found at Hannah Lofts priced from $720. Trappers Cove Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $888. Here are the most affordable Michigan State University apartments for rent in Lansing, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hannah Lofts | 3x3.5 Townhome | 3BR,3BA | $720 |
Trappers Cove Apartments | One Bedroom Cape Cod | 1BR,1BA | $888 |
Towne Square Apartments | Graduate | 1BR,1BA | $920 |
Best Value Apartments for Rent in Michigan State University, MI
As of April 13, 2025 the best value apartment in the Michigan State University 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 Michigan State University apartment is the The Quad Model at College Towne Apartments starting at $1,775 with a $1.18 price per square foot in the Forest View neighborhood. Here is today’s list of the best values for Michigan State University apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hannah Lofts | 4x4.5 Townhome B Alternate | 4BR,4.5BA | $0.63 |
College Towne Apartments | The Quad | 4BR,3BA | $1.18 |
Briarcliffe Apartments & Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.37 |
Trappers Cove Apartments | One Bedroom Madrid | 1BR,1BA | $1.48 |
Towne Square Apartments | Graduate | 1BR,1BA | $1.31 |
The View on Collins | A | 1BR,1BA | $2.48 |
Knob Hill Apartments | 1 Bedroom, 1 Bath (New) | 1BR,1BA | $2.13 |
Cedar Creek Apartments | Cedar Flat | 1BR,1BA | $1.67 |
Elevation | Snowbird | 1BR,1BA | $2.56 |
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Michigan State University Neighborhood in Lansing, MI
Walk Score®
27 / 100
Car-Dependent
Most errands require a car
Bike Score®
67 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Michigan State University Apartments
What is the price of a cheap apartment in Michigan State University?
The cheapest apartment in Michigan State University is Trappers Cove Apartments which is listed at $888, while the average apartment in Michigan State University costs $1,550.
What types of apartments are the cheapest in Michigan State University?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Michigan State University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Michigan State University?
Cheap apartments in Michigan State University have an average cost of $346 which is $1,204 cheaper than the average rent for all rentals in Michigan State University.
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.

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

Renting Smart: Lease Basics Every Renter Needs
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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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
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How Your Move-In Inspection Can Protect Your Security Deposit
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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.