Best Affordable Neighborhoods in Lansing, MI
Some of the cheapest neighborhoods in Lansing are Old Everett, Old Forest, and Averill Woods. These neighborhoods offer some of the lowest rent prices in Lansing, making them ideal for renters on a budget. As of April 27, 2026, the average rent in Lansing is $1,021, which is 1.8% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Old Everett
Average Rent
$851/Month
Year-Over-Year Rent Change
6%
Units Available
10 Rentals
Old Everett is a neighborhood featuring spacious homes, local parks, and access to top-rated schools. Renters will appreciate the suburban atmosphere and proximity to shopping centers. The area is perfect for those seeking a suburban lifestyle with convenient amenities nearby.
Old Forest
Average Rent
$865/Month
Units Available
16 Rentals
Old Forest offers a historic neighborhood with charming homes and a close-knit community feel. Renters will appreciate the tree-lined streets and easy access to downtown Lansing’s cultural attractions. The area is perfect for those seeking a blend of historic charm and modern conveniences.
Averill Woods
Average Rent
$880/Month
Year-Over-Year Rent Change
6.1%
Units Available
10 Rentals
Averill Woods offers a peaceful, residential neighborhood offering a mix of spacious homes and access to local parks. Renters will enjoy the suburban feel while being close to the bustling Waltham city center. The area is perfect for families and individuals seeking a quiet, tree-lined retreat.
Southeast Lansing
Average Rent
$1,089/Month
Year-Over-Year Rent Change
0.1%
Units Available
152 Rentals
Southeast Lansing is a diverse and beautiful neighborhood offering affordable housing options and access to parks and schools. Renters will appreciate the convenient location near major highways and shopping centers. The area is perfect for those seeking a suburban lifestyle with easy access to downtown Lansing.
Forest View
Average Rent
$1,188/Month
Year-Over-Year Rent Change
0.8%
Units Available
96 Rentals
If you’re looking for a great, affordable neighborhood in Lansing, Forest View might be the perfect place! It has an average rent price of $1,188, while the city’s average stands at $1,021. In the last year, prices have decreased by 0.8%. Forest View is near Michigan State University, Western Michigan University, and Potter Park Zoo.
Delta Township
Average Rent
$1,232/Month
Year-Over-Year Rent Change
2.7%
Units Available
94 Rentals
Delta Township is a top choice for budget-conscious renters for a variety of reasons. The average rent in Delta Township is $1,232 while the city average is $1,021. This is a 2.7% difference from last year. Residents enjoy convenient access to Capitol Commerce Center, Impression 5 Science Center, and Lansing C.C., West Campus.
Westside
Average Rent
$1,240/Month
Units Available
57 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out Westside. The average rent is $1,240, compared to the city average of $1,021. Westside is convenient to Impression 5 Science Center, Capital Region International, and Fenner Nature Center.
River Point
Average Rent
$1,251/Month
Year-Over-Year Rent Change
3.9%
Units Available
51 Rentals
River Point is an affordable neighborhood in Lansing with an average rent price of $1,251. Compare this to the city average of $1,021. In the past year, rent prices have increased by 3.9%. River Point provides easy access to W.J. Beal Botanical Garden, Western Michigan University, and Pere Marquette Place.
Reo Town
Average Rent
$1,283/Month
Year-Over-Year Rent Change
1%
Units Available
47 Rentals
If you’re looking for a great, affordable neighborhood in Lansing, Reo Town might be the perfect place! It has an average rent price of $1,283, while the city’s average stands at $1,021. In the last year, prices have increased by 1%.
Downtown Lansing
Average Rent
$1,360/Month
Year-Over-Year Rent Change
2.9%
Units Available
186 Rentals
Downtown Lansing is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Lansing is $1,360 while the city average is $1,021. This is a 2.9% difference from last year. Residents enjoy convenient access to Willow Plaza, Pere Marquette Place, and Impression 5 Science Center.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.