Cheap Homes for Rent in REO Town Neighborhood of Lansing, MI from $700 (22 Rentals)

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

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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. Holmes 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
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$750
Brentwood ApartmentsOne Bedroom1BR,1BA$750
Chestnut Flatz1 Bedroom/1 Bath1BR,1BA$800
Capitol ParkThe One Bedroom1BR,1BA$807

Best Value Apartments for Rent in REO Town, MI

As of May 11, 2025 the best value apartment in the REO Town area is the $0.82 price per square foot 609 Bluff St Model at 609 Bluff St in the in the North Lansing neighborhood starting from $1,400. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
609 Bluff St609 Bluff St3BR,1BA$0.82
220 W Oakland Ave220 W Oakland Ave3BR,1BA$0.78
1033 E Cesar E Chavez Ave, Unit Down1033 E Cesar E Chavez Ave2BR,1BA$0.72
1016 Kelsey Ave1016 Kelsey Ave3BR,1BA$0.93
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
426 W Saginaw St, Unit 1 Down426 W Saginaw St2BR,1BA$0.72
1039 S Pennsylvania Ave, Unit 1 - Down1039 S Pennsylvania Ave1BR,1BA$0.68
1224 E Malcolm X St, Unit #11224 E Malcolm X St1BR,1BA$0.83
124 E Barnes Ave, Unit Main124 E Barnes Ave2BR,1BA$0.98

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Frequently Asked Questions about REO Town

What type of rentals are currently available in REO Town?

There are currently 251 Apartments for Rent in REO Town, MI with pricing that ranges from $525 to $8,500. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in REO Town ranging from $750 to $99,999.

What is the current price range for Rental Homes in REO Town?

Today's rental pricing for Homes for Rent, Condos and Townhomes in REO Town ranges from $750 to $99,999 with an average monthly rent of $2,724.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.