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Average Rent in Lansing, MI & Rent Trends

Rent prices and market trends across 9 apartment communities in Lansing, MI. Updated daily.

Market Average

$1,492/mo

▼ 2.9% from last month

Lowest Available

$803/mo

cheapest unit on market

Communities

9

tracked daily

Units Listed

62

available now

Rent by Neighborhood in Lansing, MI

Compare average rent across Lansing, MI neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Lansing 48823 $1,777 $1,494 2 24
Old Everett Neighborhood $1,564 $911 2 15
Downtown $1,254 $955 2 13
Lansing 48917 $1,023 $895 1 7
Lansing 48911 $980 $803 2 3

Is Rent Going Up or Down in Lansing, MI?

As of July 2026, the average rent in Lansing, MI is $1,492 per month across 9 apartment communities and 62 available units. Rents have decreased $40 (2.9%) over the past month.

The most affordable option is Waverly Park Apartments starting at $803/mo. By unit type, a studio averages $1,423/mo, a 1-bedroom averages $1,444/mo, a 2-bedroom averages $1,538/mo, a 3-bedroom averages $1,758/mo.

Prices range from $803 to $2,725 per month. The most common price point is the $1,400 range, where 14 units are currently listed.

Lansing, MI Rent Price History

Window

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Lansing, MI

Studio
$1,423
from $955 · 10 units
1 Bed
$1,444
from $803 · 25 units
2 Bed
$1,538
from $895 · 24 units
3 Bed
$1,758
from $1,100 · 3 units

Rent Prices by Apartment in Lansing, MI

Property Starting at Average Units Rating
Waverly Park Apartments $803/mo $920/mo 2 3.8
DS Huber Real Estate Group $895/mo $1,023/mo 7 2.9
Trappers Cove Apartments $911/mo $1,215/mo 9 4
Lansing Tower Apartments $955/mo $1,241/mo 11 3.8
Summerhill Estates $1,100/mo $1,100/mo 1 4
REO Gateway Apartments $1,295/mo $1,323/mo 2 4
Gateway Lofts $1,494/mo $1,748/mo 21 4.6

Frequently Asked Questions About Rent in Lansing, MI

What is the average rent in Lansing, MI?

The average rent in Lansing, MI is $1,492 per month as of July 2026, based on 62 units across 9 apartment communities.

Is rent going up or down in Lansing, MI?

Rent in Lansing, MI has decreased $40 (2.9%) over the past month. The current average is $1,492/mo.

What is the cheapest apartment in Lansing, MI?

The most affordable apartment in Lansing, MI is Waverly Park Apartments with units starting at $803/mo.

How much is a 1-bedroom apartment in Lansing, MI?

A 1-bedroom apartment in Lansing, MI averages $1,444/mo, with prices starting at $803/mo across 25 available units.

How many apartments are available in Lansing, MI?

There are 62 units available across 9 apartment communities in Lansing, MI.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$60,000/year

Based on the 30 percent rule, using our tracked average rent of $1,492/mo.

Comfortable income

$72,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($803/mo), you need to earn at least $32,000/year.

Median household income in Lansing, MI is $52,170 , about 27% below the comfortable-living threshold.

Cost of living in Lansing, MI

Overall prices in Lansing, MI runs below the national average by about 7% (BEA Regional Price Parity index 93.0, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Lansing, MI's regional price parities.

Category Monthly estimate
Rent (market average) $1,492
Utilities $331
Groceries $508
Transportation $789
Healthcare $385
Other goods and services $616
Estimated total $4,120/mo

Population

112,546

Median household income

$52,170

Census median rent

$976/mo

Rent as % of income

30.5%

Median age

33.5

Mean commute

20 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Lansing, MI Apartments

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