Most Affordable Neighborhoods in Lansing, MI

Some of the cheapest neighborhoods in Lansing are Knollwood Park, Knollwood Willow, and Seymours. These neighborhoods offer some of the lowest rent prices in Lansing, making them ideal for renters on a budget. As of October 28, 2025, the average rent in Lansing is $989, which is 4% 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.

Knollwood Park

Average Rent

$771/Month

TransitScore® Rating

38/100

Units Available

22 Rentals

If you’re looking for a great, affordable neighborhood in Lansing, Knollwood Park might be the perfect place! It has an average rent price of $771, while the city’s average stands at $989. Knollwood Park is near North Point Plaza, Potter Park Zoo, and Davenport University.

Knollwood Willow

Average Rent

$773/Month

TransitScore® Rating

38/100

Units Available

24 Rentals

Knollwood Willow displays a peaceful neighborhood offering affordable housing and proximity to parks and schools. Renters will enjoy the suburban feel while being close to shopping and dining along West Saginaw Highway. The area is ideal for families and individuals seeking a quiet, suburban lifestyle.

Seymours

Average Rent

$786/Month

TransitScore® Rating

46/100

Units Available

34 Rentals

Seymours is a top choice for budget-conscious renters for a variety of reasons. The average rent in Seymours is $786 while the city average is $989. Residents enjoy convenient access to Potter Park Zoo, Impression 5 Science Center, and Lansing C.C., West Campus. The neighborhood is considered walkable with a WalkScore® of 77.

Old Forest

Average Rent

$802/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

46/100

Units Available

39 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.

Waverly Park

Average Rent

$857/Month

TransitScore® Rating

31/100

Units Available

15 Rentals

When you’re looking for a great Lansing neighborhood on a budget, check out Waverly Park. The average rent is $857, compared to the city average of $989. Waverly Park is convenient to Western Michigan University, Impression 5 Science Center, and Michigan State Univ. Observatory. The community is car-dependent with a WalkScore® of 23.

Kensington Meadows

Average Rent

$857/Month

TransitScore® Rating

30/100

Units Available

15 Rentals

Kensington Meadows is an affordable neighborhood in Lansing with an average rent price of $857. Compare this to the city average of $989. Kensington Meadows provides easy access to Metro Plaza, Waverly Holmes Center, and Capital Region International. It’s a car-dependent neighborhood with a WalkScore® of 20.

Old Everett

Average Rent

$862/Month

Year-Over-Year Rent Change

2.4%

TransitScore® Rating

35/100

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.

Hunter Park West

Average Rent

$901/Month

TransitScore® Rating

46/100

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in Lansing, Hunter Park West might be the perfect place! It has an average rent price of $901, while the city’s average stands at $989. Hunter Park West is near Riverfront Mall, Davenport University, and W.J. Beal Botanical Garden.

Hunter Park

Average Rent

$918/Month

Year-Over-Year Rent Change

9.6%

TransitScore® Rating

42/100

Units Available

12 Rentals

Hunter Park is a lovely, community-focused neighborhood known for its namesake park, which offers plenty of recreational activities. Renters will enjoy the proximity to local schools, shopping, and dining. The area is ideal for those seeking an active, urban lifestyle with a strong sense of community.

Genesse

Average Rent

$926/Month

TransitScore® Rating

52/100

Units Available

19 Rentals

Genesse is a top choice for budget-conscious renters for a variety of reasons. The average rent in Genesse is $926 while the city average is $989. Residents enjoy convenient access to Potter Park Zoo, Impression 5 Science Center, and Fenner Nature Center. The neighborhood is considered walkable with a WalkScore® of 74.

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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.