Apartments in 48906

1 - 10 of 10 Results
23
$1,225
4221 N Grand River Ave Lansing, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
26
$925 - 1,024
715 W Willow St Lansing, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Surface Parking
In Unit Laundry
10
$761 - 1,121
645 W Willow St Lansing, MI
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
17
$1,250
832 N Pine St Lansing, MI
3 BR | Ask for Availability
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House
Air Conditioning
4
$1,000
Lansing, MI
2 BR | Ask for Availability
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13
$870
Lansing, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
North Lansing
23
$695 - 850
Lansing, MI
Studio - 2 BR | Available Now
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1
$1,250
Lansing, MI
3 BR | Ask for Availability
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Genesee
5
$975 - 1,135
620 May Street, Suite 1 Lansing, MI
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
17
$925
Lansing, MI
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Disability Access
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How much does it cost to rent an apartment in 48906?

48906 apartments
Bed Type Average Rent Range
1BR $930 $760 - $1,000
2BR $1,020 $860 - $1,280
Find an Apartment in 48906
If you're searching for apartments in the 48906 zip code of Lansing, MI, Rentable has you covered. Currently, there are 23 rental units available for you to choose from. The average rent in 48906 is $1,020 per month, and the lowest rent for a 1-bedroom floor plan starts at $761.

48906 is a vibrant area with various points of interest nearby. You'll find beautiful parks like Potter Park Zoo and Scott Woods Park where you can enjoy outdoor activities and relax in nature. Additionally, there are several community amenities in the area that cater to residents' needs.

When you're ready to start your search for an apartment in 48906, check out Rentable's listings. With a wide range of options available, you're sure to find the perfect place to call home. Browse through the variety of apartments near 48906 Lansing, MI and choose the one that meets your preferences and budget.

Lansing:
December Rent Report

Welcome to the December 2024 Lansing Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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

$1,150
$860
$580
$290
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Lansing Rent Prices Increase From November to December

Lansing rent prices increased over the last month. From November to December, the city experienced a 1.33% increase for the price of a one-bedroom apartment. The rent price for a Lansing one-bedroom apartments currently stands at $993.0.

When we take a look at the two-bedroom comparison from November to December, Lansing experienced a 2.91% increase for the price of a two-bedroom apartment. The rent price for a Lansing two-bedroom apartments currently stands at $1,061.0.

December Prices: Lansing vs. Surrounding Areas

Okemos, MI
DeWitt, MI
East Lansing, MI
Lansing, MI
Holt, MI
Grand Ledge, MI
Cortland, NY
Haslett, MI
$1,110
$1,107
$1,058
$980
$968
$942
$938
$853
$0
$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 3 of the Lansing suburbs increased last month. On the other hand, 4 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 .

  • Rent decreased in Okemos, MI, Grand Ledge, MI, Haslett, MI, DeWitt, MI.

  • 3 suburbs are currently priced higher than the city of Lansing.

  • 4 suburbs are currently priced lower than the city of Lansing.

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$980
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Lansing, MI $980.0 1.14% $1,031.0 3.72%
East Lansing, MI $1,058.0 2.03% $1,426.0 0.78%
Okemos, MI $1,110.0 0.00% $1,183.0 0.51%
Cortland, NY $938.0 4.57% $1,457.0 -1.82%
Grand Ledge, MI $942.0 -0.21% $1,155.0 -1.28%
Haslett, MI $853.0 -1.50% $934.0 0.00%
Holt, MI $968.0 14.29% $968.0 0.10%
DeWitt, MI $1,107.0 -0.90% $1,045.0 -1.60%

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.