Cheap Apartments for Rent in the Walnut Neighborhood of Lansing, MI from $400 (32 Rentals)
Cheap Apartments in the Walnut area of Lansing.

1012 W Shiawassee St, Unit 1012.5

Ferris Park Towers

1429 Knollwood Ave, Unit #Up

REO Town Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lansing Tower

Temple Lofts

1033 E Oakland Ave, Unit B

522 N Walnut St, Unit Lower

422 W Saginaw St, Unit Lower

424 W Saginaw St, Unit 1 - Down

426 W Saginaw St, Unit 1 Down

507 N Sycamore St, Unit 1st Floor

1425 Knollwood Ave, Unit #Down

416 W Saginaw St, Unit 1st Floor
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

319 N Sycamore St, Unit 319 #2
Walnut, Lansing, MI Local Guide

How much does it cost to rent an apartment in Walnut?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Walnut Studio Apartments | $1,023 | $525 | $1,296 |
Walnut 1 Bedroom Apartments | $1,369 | $600 | $2,295 |
Walnut 2 Bedroom Apartments | $1,768 | $850 | $4,250 |
Walnut 3 Bedroom Apartments | $2,935 | $1,250 | $8,500 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Walnut Neighborhood of Lansing, MI.
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Walnut, Lansing, MI Local Guide
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Cheapest Available Walnut Apartments for Rent
 The cheapest available apartment rental in the Walnut area of Lansing, MI is a 1 Bed unit found at Chestnut Flatz priced from $800. Capitol Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $807. Here are the most affordable Walnut apartments for rent in Lansing, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Chestnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $800 |
Capitol Park | The One Bedroom | 1BR,1BA | $807 |
Ferris Park Towers | Efficiency | Studio,1BA | $810 |
Reside 517 LLC | 2BR/1.0BA | 2BR,1BA | $850 |
Best Value Apartments for Rent in Walnut, MI
As of May 09, 2025 the best value apartment in the Walnut area is the $0.27 price per square foot 501 N Walnut St Model at 501 N Walnut St, Unit 1 in the in the Downtown Lansing neighborhood starting from $625. The second greatest value Walnut apartment is the 609 Bluff St Model at 609 Bluff St starting at $1,400 with a $0.82 price per square foot in the North Lansing neighborhood. Here is today’s list of the best values for Walnut apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
501 N Walnut St, Unit 1 | 501 N Walnut St | 1BR,1BA | $0.27 |
609 Bluff St | 609 Bluff St | 3BR,1BA | $0.82 |
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 |
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 |
422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.70 |
1425 Knollwood Ave, Unit #Down | 1425 Knollwood Ave | 2BR,1BA | $1.01 |
507 N Sycamore St, Unit 1st Floor | 507 N Sycamore St | 2BR,1BA | $1.03 |
Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
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Pet Friendly LifestyleWalnut, Lansing, MI
Ranked #54
Among neighborhoods in Lansing, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Lansing, MI. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Walnut Apartments
What is the Cheapest Studio apartment in Walnut?
Currently the most affordable Cheap Studio Apartment in Walnut is at Ferris Park Towers listed at $810.
How much is rent for a Cheap One Bedroom Walnut Apartment?
The lowest price for a Cheap One Bedroom Walnut Apartment is $800 at Chestnut Flatz.
What is the lowest price for a Cheap Two Bedroom Walnut Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Walnut is starting from $844 at Capitol Park.
What is the most affordable Walnut Three Bedroom Apartment?
The best deal on a cheap Walnut 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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and 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.