Best 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 December 13, 2025, the average rent in Lansing is $988, 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
$768/Month
TransitScore® Rating
38/100
Units Available
21 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out Knollwood Park. The average rent is $768, compared to the city average of $988. Knollwood Park is convenient to Willow Plaza, Davenport University, and Western Michigan University. The community is walkable with a WalkScore® of 72.
Knollwood Willow
Average Rent
$770/Month
TransitScore® Rating
38/100
Units Available
22 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
$777/Month
TransitScore® Rating
46/100
Units Available
33 Rentals
Seymours is an affordable neighborhood in Lansing with an average rent price of $777. Compare this to the city average of $988. Seymours provides easy access to W.J. Beal Botanical Garden, Michigan Wetland Management District, and Fenner Nature Center. It’s a walkable neighborhood with a WalkScore® of 77.
Fabulous Acres
Average Rent
$802/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
39/100
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 $802, while the city’s average stands at $988. In the last year, prices have increased by 0.7%. Fabulous Acres is near Impression 5 Science Center, Capital Region International, and Pere Marquette Place.
Old Forest
Average Rent
$802/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
46/100
Units Available
41 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
$843/Month
TransitScore® Rating
31/100
Units Available
12 Rentals
Waverly Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Waverly Park is $843 while the city average is $988. Residents enjoy convenient access to Capital Region International, Western Michigan University, and Michigan State Univ. Observatory. The neighborhood is considered car-dependent with a WalkScore® of 23.
Kensington Meadows
Average Rent
$843/Month
TransitScore® Rating
30/100
Units Available
12 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out Kensington Meadows. The average rent is $843, compared to the city average of $988. Kensington Meadows is convenient to Michigan State Univ. Observatory, Waverly Holmes Center, and Fenner Nature Center. The community is car-dependent with a WalkScore® of 20.
Old Everett
Average Rent
$877/Month
Year-Over-Year Rent Change
2%
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.
Groesbeck Area
Average Rent
$904/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
9/100
Units Available
12 Rentals
Groesbeck Area is a well-established neighborhood featuring spacious homes, parks, and access to local schools. Renters will enjoy the suburban feel and proximity to Eastwood Towne Center for shopping and dining. The area is ideal for families and individuals seeking a quiet, community-focused environment.
Gardendale
Average Rent
$942/Month
Units Available
10 Rentals
Gardendale is an affordable neighborhood in Lansing with an average rent price of $942. Compare this to the city average of $988. Gardendale provides easy access to Woldumar Nature Center, Cedar Street Shopping Center, and Davenport University.
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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.