How many apartments are available in Lansing, MI on Rentable.co?

Rentable.co has over 5,959 apartments available in Lansing.

What is the average rent for a studio apartment in Lansing, MI?

The average rent for a <a href='/lansing-mi/studio-apartments-for-rent' >studio apartment</a> in Lansing is around $670 per month.

What is the average rent for a one-bedroom apartment in Lansing, MI?

The average rent for a <a href='/lansing-mi/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Lansing is around $1,030 per month.

What is the average rent for a two-bedroom apartment in Lansing, MI?

The average rent for a <a href='/lansing-mi/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Lansing is around $1,050 per month.

How expensive is it to rent an apartment in Lansing, MI?

For a two-bedroom apartment in Lansing, the average rent price is $1,050 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Lansing, MI?

Based on average rent prices in Lansing, to afford a <a href='/lansing-mi/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $27,000 to live comfortably.

Apartments Near Lansing Community College

Lansing:
November Rent Report

Welcome to the November 2024 Lansing Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Lansing rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lansing and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lansing average rent prices in the chart below.

Monthly Rent Report

$1,100

$830

$550

$280

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Lansing Rent Prices Increase From October to November

Lansing rent prices increased over the last month. From October to November, the city experienced a 1.14% increase for the price of a one-bedroom apartment. The rent price for a Lansing one-bedroom apartments currently stands at $980.0.

When we take a look at the two-bedroom comparison from October to November, Lansing experienced a 3.72% increase for the price of a two-bedroom apartment. The rent price for a Lansing two-bedroom apartments currently stands at $1,031.0.

November Prices: Lansing vs. Surrounding Areas

DeWitt, MI

Okemos, MI

East Lansing, MI

Lansing, MI

Grand Ledge, MI

Cortland, NY

Haslett, MI

Holt, MI

$1,117

$1,110

$1,037

$969

$944

$897

$866

$847

$400

$800

$1,200

$1,600

Median 1 BR Rent

Rent Prices in Lansing and Surrounding Areas

Rent prices have increased in Lansing over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 4 of the Lansing suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in East Lansing, MI, Cortland, NY, Holt, MI, DeWitt, MI .
Rent decreased in Okemos, MI, Grand Ledge, MI, Haslett, MI.
3 suburbs are currently priced higher than the city of Lansing.
4 suburbs are currently priced lower than the city of Lansing.

November 2024 Pricing Trends: Lansing vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Lansing, MI

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$969

$1,400

$2,800

$4,200

$5,600

Median Rent

Lansing Rent Prices More Affordable Than Major Cities

Rent growth in Lansing over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Lansing average rent prices appear to be relatively affordable for local residents.

The price for a Lansing one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lansing and surrounding area rent prices, take a look at the complete data set below.

Data set for Lansing and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Lansing, MI	$969.0	0.42%	$994.0	2.47%
East Lansing, MI	$1,037.0	0.78%	$1,415.0	-0.07%
Okemos, MI	$1,110.0	0.00%	$1,177.0	0.60%
Grand Ledge, MI	$944.0	-1.97%	$1,170.0	-1.10%
Haslett, MI	$866.0	-0.92%	$934.0	0.00%
Cortland, NY	$897.0	0.45%	$1,484.0	3.13%
Holt, MI	$847.0	3.42%	$967.0	-0.41%
DeWitt, MI	$1,117.0	1.45%	$1,062.0	-5.18%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.