Elevation
3595 Jolly Oak Rd,
Okemos, MI 48864
Studio - 3 Beds | $1,399 - $2,861
$972/month
Average Rent
650 Sq Ft
Average Apartment Size
+3.2%
Increase in the Last Year
As of March 2025, the average rent in Lansing, MI is $972 per month. This is 38% lower than the national average rent of $1,557/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 $876 per month for a studio, $972 for a one-bedroom apartment, and around $1,177 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,438 or more.
In the past year, rent has increased by 3.2%, which averages out to $31 more per month.
Based on current rent prices, Northwestside, Old Forest and Edgemont Park are the most affordable neighborhoods in Lansing.
Based on current rent prices, Fairview Area, Eastfield and Northtown are the most expensive neighborhoods in Lansing.
The neighborhoods in Lansing with the most apartments available are Downtown Lansing, Southeast Lansing and Delta Township .
Because the average rent in Lansing is $972, you’ll want to make about $3,240 per month or $38,880 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.
The cost of living in Lansing, MI is 8.8% lower than the national average. Generally, housing in Lansing is 17.9% less expensive than the national average, with rent falling between $876 - $1,438. You can expect to pay 11.5% less for groceries, 2.6% more for utilities, and 6.1% more for transportation.
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.
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† 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.