Most Affordable Neighborhoods in Lansing, MI

Some of the cheapest neighborhoods in Lansing are Old Forest, Colonial Village, and Bingham. These neighborhoods offer some of the lowest rent prices in Lansing, making them ideal for renters on a budget. As of March 2, 2025, the average rent in Lansing is $971, 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.

Old Forest

Average Rent

$760/Month

TransitScore® Rating

46/100

Units Available

12 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.

Colonial Village

Average Rent

$842/Month

TransitScore® Rating

33/100

Units Available

5 Rentals

Colonial Village is a well-established neighborhood offering tree-lined streets, spacious homes, and access to local schools. Renters will appreciate the suburban feel and proximity to downtown Lansing. The area is perfect for families and individuals seeking a quiet, community-oriented environment.

Bingham

Average Rent

$851/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

47/100

Units Available

5 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.

Lansing-Eaton

Average Rent

$862/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

27/100

Units Available

6 Rentals

Lansing-Eaton is a well-established neighborhood known for its family-friendly and renter-friendly atmosphere and proximity to local schools and shopping. Renters will appreciate the quiet streets and easy access to public transportation. The area is ideal for those seeking a suburban lifestyle with modern conveniences nearby.

Old Everett

Average Rent

$881/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

35/100

Units Available

5 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.

Averill Woods

Average Rent

$906/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

27/100

Units Available

11 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

$908/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

9/100

Units Available

6 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.

Westside

Average Rent

$918/Month

TransitScore® Rating

38/100

Units Available

16 Rentals

Westside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Westside is $918 while the city average is $971. Residents enjoy convenient access to Western Michigan University, Lansing C.C., Downtown Campus, and Impression 5 Science Center. The neighborhood is considered somewhat walkable with a WalkScore® of 53.

Reo Town

Average Rent

$941/Month

TransitScore® Rating

45/100

Units Available

6 Rentals

When you’re looking for a great Lansing neighborhood on a budget, check out Reo Town. The average rent is $941, compared to the city average of $971. Rent prices have increased by 0%. Reo Town is convenient to Pere Marquette Place, Fenner Nature Center, and Michigan State University. The community is walkable with a WalkScore® of 71.

Hunter Park

Average Rent

$969/Month

Year-Over-Year Rent Change

6.7%

TransitScore® Rating

42/100

Units Available

8 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.

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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.