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Rental Market Trends in Lansing, MI

What is the average rent in Lansing, MI?

$1,007/month

Average Rent

656 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of February 2026, the average rent in Lansing, MI is $1,007 per month. This is 38% lower than the national average rent of $1,626/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 $902 per month for a studio, $1,007 for a one-bedroom apartment, and around $1,230 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,529 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$902/month
465 Sq Ft
One Bedroom
$1,007/month
656 Sq Ft
Two Bedroom
$1,230/month
937 Sq Ft
Three Bedroom
$1,529/month
1,220 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$949/month
558 Sq Ft
Two Bedroom
$5,869/month
811 Sq Ft
Three Bedroom
$1,535/month
1,298 Sq Ft
Four Bedroom
$1,952/month
1,780 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$932/month
523 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$873/month
765 Sq Ft

How much has average rent changed in Lansing, MI?

In the past year, rent has increased by 2.4%, which averages out to $24 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 February 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lansing, MI
Last Updated February 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lansing, MI
Percentage*
Rent Range
16% Below $700/month
43% $700 - $1,000/month
29% $1,001 - $1,500/month
9% $1,501 - $2,000/month
2% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

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.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Knollwood Willow
$775/month
745 Sq Ft
Knollwood Park
$775/month
745 Sq Ft
Seymours
$778/month
725 Sq Ft
Old Forest
$802/month
700 Sq Ft
Waverly Park
$851/month
555 Sq Ft
Kensington Meadows
$851/month
555 Sq Ft
Gardendale
$933/month
613 Sq Ft
Elmwood Farms
$955/month
605 Sq Ft
Plum Hollow
$972/month
626 Sq Ft
Lansing Manor
$972/month
626 Sq Ft

What are the most expensive neighborhoods in Lansing?

Based on current rent prices, Runaway Bay, Northtown and Oak Park are the most expensive neighborhoods in Lansing.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Runaway Bay
$1,624/month
764 Sq Ft
Northtown
$1,581/month
726 Sq Ft
Oak Park
$1,505/month
702 Sq Ft
The Stadium District
$1,465/month
662 Sq Ft
Old Town Lansing
$1,458/month
684 Sq Ft
Washington Square
$1,435/month
652 Sq Ft
South Capitol Avenue
$1,384/month
646 Sq Ft
Tammany Pond
$1,317/month
751 Sq Ft
Downtown Lansing
$1,275/month
683 Sq Ft
Cherry Hill
$1,265/month
629 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 .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Lansing
$1,101/month
681 Sq Ft
Forest View
$1,143/month
694 Sq Ft
Downtown Lansing
$1,275/month
683 Sq Ft
Dovers Crossing
$1,023/month
683 Sq Ft
Delta Township
$1,228/month
705 Sq Ft
The Stadium District
$1,465/month
662 Sq Ft
Old Town Lansing
$1,458/month
684 Sq Ft
Old Forest
$802/month
700 Sq Ft
Oak Park
$1,505/month
702 Sq Ft
Northtown
$1,581/month
726 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Lansing, MI?

Because the average rent in Lansing is $1,007, you’ll want to make about $3,356 per month or $40,272 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 17.2% less expensive than the national average, with rent falling between $902 - $1,529. You can expect to pay 10.1% less for groceries, 3.2% more for utilities, and 10.9% more for transportation.

City

Lansing, MI

1,660 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Lansing, MI

Apartment Averages

Knollwood Willow

Lansing, MI

Runaway Bay

Lansing, MI

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • East Lansing Average Rent
  • Holt Average Rent
  • Okemos Average Rent
  • Dewitt Average Rent
  • Haslett Average Rent

Apartment communities in Lansing we think you'll love

Evergreen Park Townhomes and Apartments

Evergreen Park Townhomes and Apartments

900 Long Blvd,
Lansing, MI 48911

$1,095 - $1,670

1-3 Beds

Elevation Apartments

Elevation Apartments

3595 Jolly Oak Rd,
Okemos, MI 48864

$1,440 - $2,946

Studio - 3 Beds

The View on Collins Apartments

The View on Collins Apartments

4540 Collins Rd,
Lansing, MI 48910

$1,605 - $4,645 Total Monthly Price

1-3 Beds

Fairfax Apartments - Lansing, MI

Fairfax Apartments - Lansing, MI

831 Brookside Ln,
Lansing, MI 48917

$1,199 - $1,470

1-2 Beds

Property Management Companies in Lansing, MI

MTH Management
MTH Management
  • 66

    Communities

  • 3,030

    Units

  • 36

    Cities

7 Communities in Lansing
DTN Management
DTN Management
  • 42

    Communities

  • 6,408

    Units

  • 21

    Cities

7 Communities in Lansing
Village Green
Village Green
  • 162

    Communities

  • 33,283

    Units

  • 94

    Cities

4 Communities in Lansing
Edward Rose & Sons
Edward Rose & Sons
  • 136

    Communities

  • 69,968

    Units

  • 84

    Cities

4 Communities in Lansing
BEZTAK Properties
BEZTAK Properties
  • 91

    Communities

  • 23,189

    Units

  • 50

    Cities

4 Communities in Lansing
Greystar
Greystar
  • 3,465

    Communities

  • 953,200

    Units

  • 893

    Cities

3 Communities in Lansing
Princeton Management
Princeton Management
  • 123

    Communities

  • 20,807

    Units

  • 62

    Cities

3 Communities in Lansing
LR Management
LR Management
  • 63

    Communities

  • 14,448

    Units

  • 38

    Cities

3 Communities in Lansing

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United States Michigan Lansing Rental Trends

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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity