City View Apartments - 501 (501 S. Capitol, LLC)
501 S Capitol Ave,
Lansing, MI 48933
$1,200 - $1,600
Studio - 2 Beds
Downtown Lansing is the heart of this capital city, containing more than 1,000 businesses in addition to the government buildings. Not only is this active neighborhood the center of employment, it is filled with art, culture, great restaurants, shops, and fun things to do. Bordering the Grand River and extending west to Martin Luther King Jr. Boulevard, Downtown Lansing contains the Michigan History Center, Constitution Hall, and Lansing Community College. Downtown Lansing hosts a variety of events, including the popular Common Ground Music Festival, which attracts about one million visitors. The festival is held at Adado Riverfront Park, one of Downtown Lansing's largest parks with 13 miles of trails along the river. After choosing your Downtown Lansing apartment, be sure to visit the Capitol Grounds, which features several monuments, statues, and memorials. Sports fans will appreciate learning about the city's sports stars at the Lansing Sports Hall of Fame.
As of March 2026, the average apartment rent in Downtown Lansing is $921 for a studio, $1,018 for one bedroom, $1,219 for two bedrooms, and $1,668 for three bedrooms. Apartment rent in Downtown Lansing has increased by 0.9% in the past year.
Studio
490 sq ft
Average Sq Ft
$921/month
Average Rent
1 BR
692 sq ft
Average Sq Ft
$1,018/month
Average Rent
2 BR
968 sq ft
Average Sq Ft
$1,219/month
Average Rent
3 BR
1,855 sq ft
Average Sq Ft
$1,668/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Lansing - Lansing, MI is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
The area around this property has good transit with many nearby transportation options.
Very Bikeable
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.