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Apartments for Rent in Lansing, MI under $500 – 25 Rentals available


Lansing, MI Demographics

  • Total Population117,159
  • Female 56,403
    Male 60,756
  • Median Age32.6

Average Rent in Lansing, MI

  • Lansing, MI Average Rental Price, April 2021 $915 /mo

    Lansing, MI Apartment Rent Ranges

    • $501-$70022%
    • $701-$1,00051%
    • $1,001-$1,50022%
    • $1,501-$2,0003%
    • > $2,0001%

    Lansing, MI Rent Trends

    Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Apr / 2021
    Lansing, MI $816 $839 $841 $842 $868 $868 $884 $880 $891 $911 $915
    National $1,313 $1,344 $1,353 $1,358 $1,390 $1,397 $1,399 $1,390 $1,393 $1,407 $1,417
    /

    Lansing, MI Households

    • Total Number of Households49,034
    • Family 24,222
      Non-family 24,812
    • Children 12,596
      No Children 36,438
    • Average People Per Household2.37
    • Median Household Income$41,674
    • Median Housing Costs Per Month$819

    Lansing, MI Education Statistics

    • No High School4%
    • Some High School34%
    • Some College31%
    • Associate Degree8%
    • Bachelor Degree16%
    • Graduate Degree8%

    Renting apartments in Lansing, MI under $500

    Searching for apartments for rent in Lansing, MI under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Lansing, MI, where the average rent is $464 per month, there are 25 units available for less than $500. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

    We’ll help you find the cheapest rental near you

    Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Lansing, MI. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Lansing, MI going for $272 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

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