Apartments in Downtown East Lansing

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Downtown

An East Lansing Neighborhood

Summary

Downtown East Lansing is the hub of the city, containing many of the area’s best attractions, dining, and shopping. This vibrant area is brimming with energy, partially because it is the home of MSU. There are many amazing restaurants to dine in, great shopping, a vibrant college-driven nightlife, and many fabulous art galleries. This area of town is also incredibly walkable, featuring wide sidewalks and tree-lined streets. These are just some of the many great things to do in Downtown East Lansing. Living here is not for the faint of heart or lovers of quiet.

Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$735
Studio
$794
1 Bedroom
$991
2 Bedrooms
$1,460
3 Bedrooms
$2,520
4 Bedrooms
$3,217
5+ Bedrooms
Get your search on...

East Lansing:
July Rent Report

Welcome to the July 2020 East Lansing Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the July 2020 key findings and figures for the East Lansing rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in East 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 East Lansing rent prices in the chart below.

Monthly Rent Report

East Lansing Rent Prices Decrease From June to July

East Lansing rent prices decreased over the last month. From June to July, the city experienced a -1.59% decrease for the price of a one-bedroom apartment. The rent price for a East Lansing one-bedroom apartments currently stands at $806.0.

When we take a look at the two-bedroom comparison from June to July, East Lansing experienced a -8.97% decrease for the price of a two-bedroom apartment. The rent price for a East Lansing two-bedroom apartments currently stands at $1,207.0.

July Prices: East Lansing vs. Surrounding Areas

Rent Prices in East Lansing and Surrounding Areas

Rent prices have decreased in East 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 East Lansing suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Okemos, MI, Cortland, NY, Haslett, MI, Williamston, MI .

  • Rent decreased in Lansing, MI, Holt, MI.

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

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

July 2020 Pricing Trends: East Lansing vs. National Comparisons

East Lansing Rent Prices More Affordable Than Major Cities

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

The price for a East 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.

You can view the full rundown of ABODO's July 2020 National Apartment Report and data set here.

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

Data set for East Lansing and suburbs

1 BR July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Lansing, MI $729.0 -0.27% $902.0 1.12%
East Lansing, MI $819.0 -1.44% $1,326.0 -9.74%
Okemos, MI $855.0 1.54% $998.0 1.42%
Cortland, NY $937.0 5.64% $1,232.0 16.89%
Holt, MI $1,170.0 -0.26% $1,418.0 0.64%
Haslett, MI $723.0 1.12% $934.0 -0.64%
Williamston, MI $735.0 0.27% $1,352.0 16.45%

Methodology

Each month, using over 1 million ABODO 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.