Cheapest Neighborhoods in Lansing, MI
Some of the cheapest neighborhoods in Lansing are Old Forest, Old Everett, and Fabulous Acres. These neighborhoods offer some of the lowest rent prices in Lansing, making them ideal for renters on a budget. As of July 27, 2026, the average rent in Lansing is $1,031, which is 1.2% 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 Forest
Average Rent
$825/Month
Year-Over-Year Rent Change
2.5%
Units Available
14 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.
Old Everett
Average Rent
$856/Month
Year-Over-Year Rent Change
8.9%
Units Available
17 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.
Fabulous Acres
Average Rent
$887/Month
Year-Over-Year Rent Change
1%
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Lansing, Fabulous Acres might be the perfect place! It has an average rent price of $887, while the city’s average stands at $1,031. In the last year, prices have increased by 1%. Fabulous Acres is near Fenner Nature Center, 2820 S Cedar St, and Capital Region International.
Clifford Park
Average Rent
$903/Month
Year-Over-Year Rent Change
7.8%
Units Available
10 Rentals
Clifford Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Clifford Park is $903 while the city average is $1,031. This is a 7.8% difference from last year. Residents enjoy convenient access to Michigan State Univ. Observatory, Davenport University, and W.J. Beal Botanical Garden.
Sycamore Park
Average Rent
$903/Month
Units Available
10 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out Sycamore Park. The average rent is $903, compared to the city average of $1,031.
Parkdale
Average Rent
$903/Month
Units Available
10 Rentals
Parkdale is an affordable neighborhood in Lansing with an average rent price of $903. Compare this to the city average of $1,031.
Genesse
Average Rent
$925/Month
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Lansing, Genesse might be the perfect place! It has an average rent price of $925, while the city’s average stands at $1,031.
Oak Park Village
Average Rent
$1,052/Month
Units Available
15 Rentals
Oak Park Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Oak Park Village is $1,052 while the city average is $1,031.
Southeast Lansing
Average Rent
$1,081/Month
Year-Over-Year Rent Change
0.9%
Units Available
140 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
$1,166/Month
Year-Over-Year Rent Change
0.3%
Units Available
81 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out Forest View. The average rent is $1,166, compared to the city average of $1,031. Rent prices have increased by 0.3%. Forest View is convenient to Davenport University, Michigan State University, and Capital Region International.
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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.