
Cheap Apartments for Rent in the Walnut Neighborhood of Lansing, MI from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut area of Lansing.


501 N Walnut St, Unit 1

Ferris Park Towers

REO Town Apartments

Lansing Tower

319 N Sycamore St, Unit 319 #2

Temple Lofts

Lansing City View Apartments

Capitol View Apartments
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 | $1,073 | $810 | $1,290 |
Walnut 1 Bedroom Apartments | $1,452 | $600 | $2,350 |
Walnut 2 Bedroom Apartments | $1,905 | $850 | $4,250 |
Walnut 3 Bedroom Apartments | $3,615 | $1,500 | $8,500 |
Browse Apartments in this Neighborhood
There are currently 23 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 Studio unit found at Shiawassee Apartments LLC priced from $750. Chestnut Flatz has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Walnut apartments for rent in Lansing, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Shiawassee Apartments LLC | Shiawassee Apartments - Studio | Studio,1BA | $750 |
Chestnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $800 |
Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $800 |
Capitol Park | The One Bedroom | 1BR,1BA | $807 |
Reside 517 LLC | 2BR/1.0BA | 2BR,1BA | $850 |
Best Value Apartments for Rent in Walnut, MI
As of April 15, 2025 the best value apartment in the Walnut area is the $1.22 price per square foot The Arbaugh - Two Bedroom Apartment Model at The Arbaugh in the in the Downtown Lansing neighborhood starting from $1,375. The second greatest value Walnut 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 Walnut apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Arbaugh | The Arbaugh - Two Bedroom Apartment | 2BR,1BA | $1.22 |
Ferris Park Towers | One Bedroom | 1BR,1BA | $1.06 |
Shiawassee Apartments LLC | The New Brentwood Apartments - Two Bedroom | 2BR,1BA | $1.03 |
319 N Sycamore St, Unit 319 #2 | 319 N Sycamore St | 2BR,1BA | $1.11 |
Abigail Senior | The Edith 60% | 2BR,1BA | $1.17 |
Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
Chestnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.14 |
Walnut Flatz | 1 Bedroom/1 Bath | 1BR,1BA | $1.14 |
REO Town Apartments | 300 Building 1 Bedroom | 1BR,1BA | $1.45 |
1012 W Shiawassee St, Unit 1012.5 | 1012 W Shiawassee St | 1BR,1BA | $1.33 |
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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
3.0Pet 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 Shiawassee Apartments LLC listed at $750.
How much is rent for a Cheap One Bedroom Walnut Apartment?
The lowest price for a Cheap One Bedroom Walnut Apartment is $800 at Walnut 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.

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.

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.

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.

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.