Newton Place Apartments
6276 Newton Rd,
Haslett, MI 48840
1-2 Beds | $1,398 - 2,124
Rental Market Trends in East Lansing, MI
What is the average rent in East Lansing, MI?
$980/month
Average Rent
666 Sq Ft
Average Apartment Size
+4%
Increase in the Last Year
As of November 2024, the average rent in East Lansing, MI is $980 per month. This is 37% lower than the national average rent of $1,559/month, making renting in East Lansing more affordable than most cities in the US. When you rent an apartment in East Lansing, you can expect to pay about $821 per month for a studio, $980 for a one-bedroom apartment, and around $1,331 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,832 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in East Lansing, MI?
In the past year, rent has increased by 4%, which averages out to $39 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 November 2024
Legend
2023
2024
Rent Ranges in East Lansing, MI
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
10%
Below $700/month
28%
$700 - $1,000/month
50%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in East Lansing?
Based on current rent prices, Patriarche Park, Whitehills and Grand River are the most affordable neighborhoods in East Lansing.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in East Lansing?
Based on current rent prices, Downtown East Lansing, Grand River and Whitehills are the most expensive neighborhoods in East Lansing.
Neighborhood
Average Rent
Average Sq Ft
Which East Lansing neighborhoods have the most rentals available?
The neighborhoods in East Lansing with the most apartments available are Downtown East Lansing, Grand River and Whitehills .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in East Lansing, MI?
Because the average rent in East Lansing is $980, you’ll want to make about $3,266 per month or $39,192 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.
How does East Lansing, MI compare to other nearby cities and neighborhoods?
Use the tool below to compare East 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.
Studio
$1,149/month
$1,486/month
One Bedroom
$872/month
$1,142/month
Two Bedroom
$1,197/month
$1,528/month
Three Bedroom
-
$1,775/month
Nearby City Rent Trends
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Property Management Companies in East Lansing, MI
DTN Management
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34
Communities
-
5,583
Units
-
18
Cities
10 Communities in East Lansing
MTH Management
-
50
Communities
-
2,708
Units
-
32
Cities
3 Communities in East Lansing
Pierce Educational Properties
-
12
Communities
-
2,957
Units
-
7
Cities
3 Communities in East Lansing
Greystar
-
3,171
Communities
-
877,389
Units
-
826
Cities
2 Communities in East Lansing
Monarch Investment and Management Group
-
302
Communities
-
73,894
Units
-
137
Cities
2 Communities in East Lansing
Village Green
-
178
Communities
-
40,158
Units
-
104
Cities
2 Communities in East Lansing
PeakMade Real Estate
-
57
Communities
-
12,258
Units
-
45
Cities
2 Communities in East Lansing
Apartment Management Professionals Residential
-
27
Communities
-
7,057
Units
-
19
Cities
2 Communities in East Lansing
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Methodology
† 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.
* Percentages may not total 100 due to rounding.