Cheap Homes for Rent in Walnut Neighborhood of Lansing, MI from $600 (3 Rentals)

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

Walnut, Lansing, MI Local Guide

Best Value Apartments for Rent in Walnut, MI

As of April 04, 2025 the best value apartment in the Walnut area is the $0.70 price per square foot 422 W Saginaw St Model at 422 W Saginaw St, Unit Lower in the in the Downtown Lansing neighborhood starting from $950. The second greatest value Walnut apartment is the The Arbaugh - Two Bedroom Apartment Model at The Arbaugh starting at $1,375 with a $1.22 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 ListingModel NameBed/BathPrice Per Sq.Ft.
422 W Saginaw St, Unit Lower422 W Saginaw St2BR,1BA$0.70
The ArbaughThe Arbaugh - Two Bedroom Apartment2BR,1BA$1.22
Ferris Park TowersOne Bedroom1BR,1BA$1.06
319 N Sycamore St, Unit 319 #2319 N Sycamore St2BR,1BA$1.11
Shiawassee Apartments LLCThe New Brentwood Apartments - Two Bedroom2BR,1BA$1.03
Abigail SeniorThe Edith 60%2BR,1BA$1.17
Capitol ParkThe One Bedroom1BR,1BA$1.02
1429 Knollwood Ave, Unit #Up1429 Knollwood Ave1BR,1BA$1.15
927 W. Shiawassee St. #2-12A * 1BR1BR,1BA$1.18
Walnut Flatz1 Bedroom/1 Bath1BR,1BA$1.14

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Frequently Asked Questions about Walnut

What type of rentals are currently available in Walnut?

There are currently 104 Apartments for Rent in Walnut, MI with pricing that ranges from $600 to $8,500. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut ranging from $625 to $1,550.

What is the current price range for Rental Homes in Walnut?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut ranges from $625 to $1,550 with an average monthly rent of $1,069.

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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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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.