
Cheap Apartments for Rent in the REO Town Neighborhood of Lansing, MI from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the REO Town area of Lansing.


The Grove @ Grove Park

917 S Pennsylvania Ave, Unit Upper

Fountain Place Apartments

Woodmar Apartments

312 S Rosemary St, Unit .5

REO Town Apartments

Amber Square Apartments and Townhomes

Highland Holmes Apartments

124 E Barnes Ave, Unit Main

416 W Saginaw St, Unit 1st Floor

507 N Sycamore St, Unit 1st Floor

422 W Saginaw St, Unit Lower

426 W Saginaw St, Unit 1 Down

424 W Saginaw St, Unit 1 - Down

Temple Lofts

1224 E Malcolm X St, Unit #1

Brentwood Apartments

319 N Sycamore St, Unit 319 #1

Capitol Commons Apartments and Townhomes
REO Town, Lansing, MI Local Guide

How much does it cost to rent an apartment in REO Town?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
REO Town Studio Apartments | $1,125 | $669 | $1,510 |
REO Town 1 Bedroom Apartments | $1,274 | $699 | $2,250 |
REO Town 2 Bedroom Apartments | $1,553 | $785 | $3,750 |
REO Town 3 Bedroom Apartments | $2,816 | $1,250 | $8,500 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 2 mile radius of the REO Town Neighborhood of Lansing, MI.
See all Apartments in LansingExplore Lansing
REO Town, Lansing, MI Local Guide
- Nearby Lansing neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available REO Town Apartments for Rent
 The cheapest available apartment rental in the REO Town area of Lansing, MI is a Studio unit found at Capital Manor priced from $669. Pennsylvania Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable REO Town apartments for rent in Lansing, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Capital Manor | STU | Studio,1BA | $669 |
Pennsylvania Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $700 |
Shiawassee Apartments LLC | Shiawassee Apartments - Studio | Studio,1BA | $750 |
Pacific Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $750 |
Everett Apartments | 2 bedroom | 2BR,1BA | $799 |
The Grove @ Grove Park | 1 Bed, 1 bath | 1BR,1BA | $800 |
Tamara Apartments | 1 Bedroom | 1BR,1BA | $800 |
Capitol Park | The One Bedroom | 1BR,1BA | $807 |
Best Value Apartments for Rent in REO Town, MI
As of February 21, 2025 the best value apartment in the REO Town area is the $0.76 price per square foot 609 Bluff St Model at 609 Bluff St in the in the North Lansing neighborhood starting from $1,300. The second greatest value REO Town apartment is the 220 W Oakland Ave Model at 220 W Oakland Ave starting at $1,250 with a $0.78 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for REO Town apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
609 Bluff St | 609 Bluff St | 3BR,1BA | $0.76 |
220 W Oakland Ave | 220 W Oakland Ave | 3BR,1BA | $0.78 |
1033 E Cesar E Chavez Ave, Unit Down | 1033 E Cesar E Chavez Ave | 2BR,1BA | $0.72 |
1016 Kelsey Ave | 1016 Kelsey Ave | 3BR,1BA | $0.93 |
422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.72 |
426 W Saginaw St, Unit 1 Down | 426 W Saginaw St | 2BR,1BA | $0.72 |
424 W Saginaw St, Unit 1 - Down | 424 W Saginaw St | 2BR,1BA | $0.72 |
1224 E Malcolm X St, Unit #1 | 1224 E Malcolm X St | 1BR,1BA | $0.83 |
124 E Barnes Ave, Unit Main | 124 E Barnes Ave | 2BR,1BA | $0.98 |
Everett Apartments | 2 bedroom | 2BR,1BA | $0.94 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleReo Town, Lansing, MI
Ranked #15
Among neighborhoods in Lansing, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Michigan, including Lansing. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the REO Town Neighborhood in Lansing, MI
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
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 REO Town Apartments
What is the Cheapest Studio apartment in REO Town?
Currently the most affordable Cheap Studio Apartment in REO Town is at Capital Manor listed at $669.
How much is rent for a Cheap One Bedroom REO Town Apartment?
The lowest price for a Cheap One Bedroom REO Town Apartment is $699 at Capital Manor.
What is the lowest price for a Cheap Two Bedroom REO Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in REO Town is starting from $799 at Everett Apartments.
What is the most affordable REO Town Three Bedroom Apartment?
The best deal on a cheap REO Town 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.

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.

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.

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.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.