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Apartments for Rent in East Lansing, MI under $500 – 33 Rentals available


East Lansing, MI Demographics

  • Total Population48,729
  • Female 24,265
    Male 24,464
  • Median Age21.4

Average Rent in East Lansing, MI

  • East Lansing, MI Average Rental Price, June 2021 $1,299 /mo

East Lansing, MI Apartment Rent Ranges

  • $501-$7004%
  • $701-$1,00031%
  • $1,001-$1,50041%
  • $1,501-$2,00015%
  • > $2,0009%

East Lansing, MI Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Jun / 2021
East Lansing, MI $1,227 $1,231 $1,250 $1,288 $1,299 $1,281 $1,294 $1,293 $1,306 $1,299
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407
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East Lansing, MI Households

  • Total Number of Households13,519
  • Family 4,684
    Non-family 8,835
  • Children 1,956
    No Children 11,563
  • Average People Per Household2.39
  • Median Household Income$39,867
  • Median Housing Costs Per Month$1,058

East Lansing, MI Education Statistics

  • No High School1%
  • Some High School27%
  • Some College11%
  • Associate Degree6%
  • Bachelor Degree30%
  • Graduate Degree25%

Apartments in East Lansing, MI under $500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 33 apartments for rent in East Lansing, MI on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in East Lansing, MI is 817 Sq.Ft., but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!