Cheap Homes for Rent in REO Town Neighborhood of Lansing, MI from $600 (20 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. 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
Tamara Apartments1 Bedroom1BR,1BA$800

Best Value Apartments for Rent in REO Town, MI

As of April 10, 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
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
333 Bingham St, Unit 2333 Bingham St1BR,1BA$1.14
Pacific Flatz1 Bedroom/1 Bath1BR,1BA$1.07
Holmes Flatz1 Bedroom/1 Bath1BR,1BA$1.07

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Frequently Asked Questions about REO Town

What type of rentals are currently available in REO Town?

There are currently 223 Apartments for Rent in REO Town, MI with pricing that ranges from $595 to $8,500. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in REO Town ranging from $600 to $1,750.

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 $600 to $1,750 with an average monthly rent of $1,223.

How much are larger Three and Four Bedroom Rentals in REO Town?

For those who are looking for larger living arrangements, Three Bedroom Apartments in REO Town range from $1,275 to $8,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,699.

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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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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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.

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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.