Cheapest Neighborhoods in Lansing, MI
Some of the cheapest neighborhoods in Lansing are Fabulous Acres, Old Forest, and Old Everett. These neighborhoods offer some of the lowest rent prices in Lansing, making them ideal for renters on a budget. As of June 11, 2026, the average rent in Lansing is $1,028, which is 2.3% 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.
Fabulous Acres
Average Rent
$795/Month
Year-Over-Year Rent Change
1.3%
Units Available
10 Rentals
Fabulous Acres is an affordable neighborhood in Lansing with an average rent price of $795. Compare this to the city average of $1,028. In the past year, rent prices have increased by 1.3%. Fabulous Acres provides easy access to W.J. Beal Botanical Garden, Michigan State Univ. Observatory, and Fenner Nature Center.
Old Forest
Average Rent
$814/Month
Units Available
18 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
$846/Month
Year-Over-Year Rent Change
6.1%
Units Available
13 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.
Southeast Lansing
Average Rent
$1,084/Month
Year-Over-Year Rent Change
1.4%
Units Available
158 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
$1,174/Month
Year-Over-Year Rent Change
0.9%
Units Available
97 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 $1,174, while the city’s average stands at $1,028. In the last year, prices have increased by 0.9%. Forest View is near Trowbridge Center, Potter Park Zoo, and Davenport University.
Westside
Average Rent
$1,225/Month
Units Available
52 Rentals
Westside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westside is $1,225 while the city average is $1,028. Residents enjoy convenient access to Lansing C.C., West Campus, Riverfront Mall, and Western Michigan University.
River Point
Average Rent
$1,233/Month
Year-Over-Year Rent Change
2.3%
Units Available
46 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out River Point. The average rent is $1,233, compared to the city average of $1,028. Rent prices have increased by 2.3%. River Point is convenient to Michigan State University, Western Michigan University, and Pere Marquette Place.
Reo Town
Average Rent
$1,280/Month
Year-Over-Year Rent Change
0.9%
Units Available
41 Rentals
Reo Town is an affordable neighborhood in Lansing with an average rent price of $1,280. Compare this to the city average of $1,028. In the past year, rent prices have increased by 0.9%. Reo Town provides easy access to Michigan State University Museum, Impression 5 Science Center, and W.J. Beal Botanical Garden.
Delta Township
Average Rent
$1,314/Month
Year-Over-Year Rent Change
3.7%
Units Available
92 Rentals
If you’re looking for a great, affordable neighborhood in Lansing, Delta Township might be the perfect place! It has an average rent price of $1,314, while the city’s average stands at $1,028. In the last year, prices have increased by 3.7%. Delta Township is near Capital Region International, Lansing C.C., West Campus, and Capitol Commerce Center.
Downtown Lansing
Average Rent
$1,345/Month
Year-Over-Year Rent Change
2.7%
Units Available
177 Rentals
Downtown Lansing is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Lansing is $1,345 while the city average is $1,028. This is a 2.7% difference from last year. Residents enjoy convenient access to Riverfront Mall, Lansing C.C., Downtown Campus, and Fenner Nature 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.