Elevation Apartments
3595 Jolly Oak Rd,
Okemos, MI 48864
$1,440 - $2,946
Studio - 3 Beds
Rental Market Trends in Lansing, MI
What is the average rent in Lansing, MI?
$996/month
Average Rent
654 Sq Ft
Average Apartment Size
+4.6%
Increase in the Last Year
As of October 2025, the average rent in Lansing, MI is $996 per month. This is 39% lower than the national average rent of $1,630/month, making renting in Lansing more affordable than most cities in the US. When you rent an apartment in Lansing, you can expect to pay about $858 per month for a studio, $996 for a one-bedroom apartment, and around $1,191 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,473 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Lansing, MI?
In the past year, rent has increased by 4.6%, which averages out to $46 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024
2025
Rent Ranges in Lansing, MI
Last Updated October 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
43%
$700 - $1,000/month
31%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lansing?
Based on current rent prices, Knollwood Willow, Knollwood Park and Seymours are the most affordable neighborhoods in Lansing.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lansing?
Based on current rent prices, Oak Park, Northtown and The Stadium District are the most expensive neighborhoods in Lansing.
Neighborhood
Average Rent
Average Sq Ft
Which Lansing neighborhoods have the most rentals available?
The neighborhoods in Lansing with the most apartments available are Southeast Lansing, Forest View and Downtown Lansing .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lansing, MI?
Because the average rent in Lansing is $996, you’ll want to make about $3,320 per month or $39,840 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Lansing, MI is 8.2% lower than the national average. Generally, housing in Lansing is 17.1% less expensive than the national average, with rent falling between $858 - $1,473. You can expect to pay 10.7% less for groceries, 3.7% more for utilities, and 10.8% more for transportation.
How does Lansing, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare Lansing, MI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Nearby City Rent Trends
Apartment communities in Lansing we think you'll love
Property Management Companies in Lansing, MI
DTN Management
-
42
Communities
-
6,204
Units
-
20
Cities
8 Communities in Lansing
MTH Management
-
61
Communities
-
2,936
Units
-
35
Cities
6 Communities in Lansing
Edward Rose & Sons
-
141
Communities
-
71,296
Units
-
85
Cities
4 Communities in Lansing
BEZTAK Properties
-
98
Communities
-
23,945
Units
-
56
Cities
4 Communities in Lansing
Peak Management
-
26
Communities
-
7,330
Units
-
17
Cities
4 Communities in Lansing
Greystar
-
3,417
Communities
-
947,104
Units
-
869
Cities
3 Communities in Lansing
Village Green
-
164
Communities
-
33,852
Units
-
95
Cities
3 Communities in Lansing
Princeton Management
-
120
Communities
-
20,490
Units
-
61
Cities
3 Communities in Lansing
Learn More with Helpful Articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† 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 September 2025.
* Percentages may not total 100 due to rounding.