
Cheap Homes for Rent in Walnut Neighborhood of Lansing, MI from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut area of Lansing.
Walnut, Lansing, MI Local Guide

How much does it cost to rent a home in Walnut?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Walnut 2 Bedroom Homes for Rent | $1,037 | $900 | $1,295 |
Walnut 3 Bedroom Homes for Rent | $1,313 | $995 | $1,550 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
422 W Saginaw St, Unit Lower | 422 W Saginaw St | 2BR,1BA | $0.70 |
The Arbaugh | The Arbaugh - Two Bedroom Apartment | 2BR,1BA | $1.22 |
Ferris Park Towers | One Bedroom | 1BR,1BA | $1.06 |
319 N Sycamore St, Unit 319 #2 | 319 N Sycamore St | 2BR,1BA | $1.11 |
Shiawassee Apartments LLC | The New Brentwood Apartments - Two Bedroom | 2BR,1BA | $1.03 |
Abigail Senior | The Edith 60% | 2BR,1BA | $1.17 |
Capitol Park | The One Bedroom | 1BR,1BA | $1.02 |
1429 Knollwood Ave, Unit #Up | 1429 Knollwood Ave | 1BR,1BA | $1.15 |
927 W. Shiawassee St. #2-12 | A * 1BR | 1BR,1BA | $1.18 |
Walnut Flatz | 1 Bedroom/1 Bath | 1BR,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.

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.