Most Affordable Neighborhoods in Lansing, MI
Some of the cheapest neighborhoods in Lansing are Fabulous Acres, 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 25, 2025, the average rent in Lansing is $981, which is 3.2% 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.
Fabulous Acres
Average Rent
$756/Month
TransitScore® Rating
39/100
Units Available
7 Rentals
Fabulous Acres is a top choice for budget-conscious renters for a variety of reasons. The average rent in Fabulous Acres is $756 while the city average is $981. This is a 0% difference from last year. Residents enjoy convenient access to Fenner Nature Center, Western Michigan University, and Capital Region International. The neighborhood is considered walkable with a WalkScore® of 79.
Old Forest
Average Rent
$786/Month
TransitScore® Rating
46/100
Units Available
19 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
$885/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
27/100
Units Available
14 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.
Groesbeck Area
Average Rent
$934/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
9/100
Units Available
13 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.
Hunter Park
Average Rent
$942/Month
Year-Over-Year Rent Change
6.7%
TransitScore® Rating
42/100
Units Available
19 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.
Bingham
Average Rent
$971/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
47/100
Units Available
12 Rentals
Bingham showcases a quiet, residential neighborhood known for its family-friendly environment and proximity to parks and local schools. Renters will enjoy the suburban atmosphere and access to nearby shopping and dining options. The area is ideal for families seeking a peaceful community with convenient amenities.
Reo Town
Average Rent
$994/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
45/100
Units Available
9 Rentals
When you’re looking for a great Lansing neighborhood on a budget, check out Reo Town. The average rent is $994, compared to the city average of $981. Rent prices have increased by 0.1%. Reo Town is convenient to Michigan State University Museum, W.J. Beal Botanical Garden, and Davenport University. The community is walkable with a WalkScore® of 71.
Old Everett
Average Rent
$1,078/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
35/100
Units Available
12 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.
Westside
Average Rent
$1,155/Month
TransitScore® Rating
38/100
Units Available
43 Rentals
Westside is an affordable neighborhood in Lansing with an average rent price of $1,155. Compare this to the city average of $981. Westside provides easy access to Michigan Wetland Management District, Colonial Village Shopping Center, and Lansing C.C., West Campus. It’s a somewhat walkable neighborhood with a WalkScore® of 53.
Southeast Lansing
Average Rent
$1,213/Month
Year-Over-Year Rent Change
5.4%
TransitScore® Rating
26/100
Units Available
143 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.
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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.