Cheap Apartments for Rent in the REO Town Neighborhood of Lansing, MI from $500 (57 Rentals)

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

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916 W Ottawa St
1 to 2 Bedroom Apartments

916 W Ottawa St

916 W Ottawa StLansing, MI 48915
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Somerset Apartments
1 to 2 Bedroom Apartments

Somerset Apartments

1401 W Holmes RdLansing, MI 48910
Senior Living
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Windemere Apartments
1 to 2 Bedroom Apartments

Windemere Apartments

2410-2414 W Willow StLansing, MI 48917
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Colonial Woods
1 to 2 Bedroom Apartments

Colonial Woods

2001 W Mount Hope AveLansing, MI 48910
Senior Living
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Riverfront Towers
2 Bedroom Apartments

Riverfront Towers

601 N Cedar StLansing, MI 48912
Senior Living
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Reside 3031 Apartments
1 to 2 Bedroom Apartments

Reside 3031 Apartments

3031 S Washington AveLansing, MI 48910
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Shiawassee Apartments
2 Bedroom Apartments

Shiawassee Apartments

906 E Shiawassee StLansing, MI 48912
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Pennsylvania Flatz
1 Bedroom Apartments

Pennsylvania Flatz

1420-1424 S Pennsylvania AveLansing, MI 48910
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319 E Hillsdale
2 Bedroom Apartments

319 E Hillsdale

319 E Hillsdale StLansing, MI 48933
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Simken Flatz
2 Bedroom Apartments

Simken Flatz

3501 Simken DrLansing, MI 48910
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Chestnut Flatz
1 Bedroom Apartments

Chestnut Flatz

1216 N Chestnut StLansing, MI 48906
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Washington Apartments
Studio to 1 Bedroom Apartments

Washington Apartments

927 S Washington AveLansing, MI 48910
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Pinewood Club Apartments
1 to 3 Bedroom Apartments

Pinewood Club Apartments

2115-2125 Provincial House DrLansing, MI 48910
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Blakeview  Apartments
1 to 2 Bedroom Apartments

Blakeview Apartments

1110 Blake AveLansing, MI 48912
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Holmes Flatz
1 Bedroom Apartments

Holmes Flatz

2222 W Holmes RdLansing, MI 48911
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Ferris Park Apartments
1 to 2 Bedroom Apartments

Ferris Park Apartments

419 W Shiawassee StLansing, MI 48933
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Walnut Flatz
1 Bedroom Apartments

Walnut Flatz

826 N Walnut StLansing, MI 48906
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Tamara Apartments
1 Bedroom Apartments

Tamara Apartments

335 E Saint Joseph StLansing, MI 48933
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REO Town, Lansing, MI Local Guide

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. Pacific Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable REO Town apartments for rent in Lansing, MI:

Apartment ListingModel NameBed/BathPriced From
Capital ManorSTUStudio,1BA$669
Pacific Flatz1 Bedroom/1 Bath1BR,1BA$750
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$750
Shiawassee Apartments LLCShiawassee Apartments - StudioStudio,1BA$750
Chestnut Flatz1 Bedroom/1 Bath1BR,1BA$800
Tamara Apartments1 Bedroom1BR,1BA$800
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$800

Best Value Apartments for Rent in REO Town, MI

As of April 16, 2025 the best value apartment in the REO Town area is the $1.00 price per square foot 2 Beds, 1 bath Model at The Grove @ Grove Park in the in the REO Town neighborhood starting from $1,000. The second greatest value REO Town apartment is the One Bedroom Model at Ferris Park Towers starting at $1,025 with a $1.06 price per square foot in the Downtown Lansing neighborhood. Here is today’s list of the best values for REO Town apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove @ Grove Park2 Beds, 1 bath2BR,1BA$1.00
Ferris Park TowersOne Bedroom1BR,1BA$1.06
Shiawassee Apartments LLCThe New Brentwood Apartments - Two Bedroom2BR,1BA$1.03
1603 Jerome St, Unit B1603 Jerome St1BR,1BA$0.83
319 N Sycamore St, Unit 319 #2319 N Sycamore St2BR,1BA$1.11
811 Larned St, Unit 811 Larned Lower811 Larned St2BR,1BA$0.94
Simken Flatz2 Bedroom/1 Bath2BR,1BA$1.12
Capitol ParkThe One Bedroom1BR,1BA$1.02
Pacific Flatz1 Bedroom/1 Bath1BR,1BA$1.07
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$1.07

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Reo Town, Lansing, MI

Ranked #26

Among neighborhoods in Lansing, MI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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 $844 at Capitol Park.

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.

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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Know Your Rights - How Discrimination Laws Impact Landlords & 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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.