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Rental Market Trends in Lansing, MI

What is the average rent in Lansing, MI?

$1,026/month

Average Rent

658 Sq Ft

Average Apartment Size

+2.3%

Increase in the Last Year

As of May 2026, the average rent in Lansing, MI is $1,026 per month. This is 38% lower than the national average rent of $1,643/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 $899 per month for a studio, $1,026 for a one-bedroom apartment, and around $1,247 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,558 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$899/month
477 Sq Ft
One Bedroom
$1,026/month
658 Sq Ft
Two Bedroom
$1,247/month
937 Sq Ft
Three Bedroom
$1,558/month
1,222 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,164/month
787 Sq Ft
Three Bedroom
$1,398/month
751 Sq Ft
Four Bedroom
$2,218/month
1,391 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$925/month
607 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 2.3%, 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lansing, MI
Last Updated May 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lansing, MI
Percentage*
Rent Range
14% Below $700/month
43% $700 - $1,000/month
31% $1,001 - $1,500/month
10% $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, Southeast Lansing, Forest View and River Point are the most affordable neighborhoods in Lansing.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Lansing
$1,126/month
692 Sq Ft
Forest View
$1,176/month
711 Sq Ft
River Point
$1,275/month
623 Sq Ft
Delta Township
$1,286/month
718 Sq Ft
Westside
$1,295/month
656 Sq Ft
Reo Town
$1,299/month
650 Sq Ft
Downtown Lansing
$1,379/month
666 Sq Ft
Eastfield
$1,444/month
630 Sq Ft
The Stadium District
$1,457/month
669 Sq Ft
Old Town Lansing
$1,555/month
716 Sq Ft

What are the most expensive neighborhoods in Lansing?

Based on current rent prices, Northtown, Old Town Lansing and The Stadium District are the most expensive neighborhoods in Lansing.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northtown
$1,589/month
748 Sq Ft
Old Town Lansing
$1,555/month
716 Sq Ft
The Stadium District
$1,457/month
669 Sq Ft
Eastfield
$1,444/month
630 Sq Ft
Downtown Lansing
$1,379/month
666 Sq Ft
Reo Town
$1,299/month
650 Sq Ft
Westside
$1,295/month
656 Sq Ft
Delta Township
$1,286/month
718 Sq Ft
River Point
$1,275/month
623 Sq Ft
Forest View
$1,176/month
711 Sq Ft

Which Lansing neighborhoods have the most rentals available?

The neighborhoods in Lansing with the most apartments available are Southeast Lansing, Downtown Lansing and Forest View .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southeast Lansing
$1,126/month
692 Sq Ft
Downtown Lansing
$1,379/month
666 Sq Ft
Forest View
$1,176/month
711 Sq Ft
Delta Township
$1,286/month
718 Sq Ft
The Stadium District
$1,457/month
669 Sq Ft
Westside
$1,295/month
656 Sq Ft
River Point
$1,275/month
623 Sq Ft
Reo Town
$1,299/month
650 Sq Ft
Eastfield
$1,444/month
630 Sq Ft
Old Town Lansing
$1,555/month
716 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 $1,026, you’ll want to make about $3,420 per month or $41,040 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 $899 - $1,558. You can expect to pay 10.1% less for groceries, 3.2% more for utilities, and 10.9% more for transportation.

City

Lansing, MI

1,726 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

Southeast Lansing

Lansing, MI

Northtown

Lansing, MI

Studio
$732/month
-
One Bedroom
$872/month
$1,521/month
Two Bedroom
$1,137/month
$1,509/month
Three Bedroom
$1,597/month
$2,001/month
Search
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Nearby City Rent Trends

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

Apartment communities in Lansing we think you'll love

Evergreen Park

Evergreen Park

900 Long Blvd,
Lansing, MI 48911

$945 - $1,595

1-3 Beds

Hannah Townhomes & Lofts

Hannah Townhomes & Lofts

2929 Hannah Blvd,
East Lansing, MI 48823

$1,030 - $1,849

Studio - 4 Beds

Elevation Apartments

Elevation Apartments

3595 Jolly Oak Rd,
Okemos, MI 48864

$1,440 - $2,946

Studio - 3 Beds

The Abbot

The Abbot

233 Abbot Rd,
East Lansing, MI 48823

$1,200 - $4,600

Studio - 3 Beds

Property Management Companies in Lansing, MI

MTH Management
MTH Management
  • 71

    Communities

  • 3,152

    Units

  • 40

    Cities

10 Communities in Lansing
DTN Management
DTN Management
  • 37

    Communities

  • 5,919

    Units

  • 21

    Cities

6 Communities in Lansing
Gillespie Group
Gillespie Group
  • 11

    Communities

  • 1,120

    Units

  • 5

    Cities

5 Communities in Lansing
Village Green
Village Green
  • 163

    Communities

  • 33,427

    Units

  • 94

    Cities

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

    Communities

  • 69,964

    Units

  • 84

    Cities

4 Communities in Lansing
Greystar
Greystar
  • 3,526

    Communities

  • 969,575

    Units

  • 896

    Cities

3 Communities in Lansing
Princeton Management
Princeton Management
  • 126

    Communities

  • 21,247

    Units

  • 63

    Cities

3 Communities in Lansing
PeakMade Real Estate
PeakMade Real Estate
  • 74

    Communities

  • 13,997

    Units

  • 53

    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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity