Apartments in 48906

1 - 16 of 16 Results
23
$1,225
4221 N Grand River Ave Lansing, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
25
$475 - 925
715 W Willow St Lansing, MI
1 - 2 BR | Available Now
Contact
41
$608 - 1,394
645 W Willow St Lansing, MI
1 - 3 BR | Available Now
Contact
Dishwasher
6
$800
1216 N Chestnut St Lansing, MI
1 BR | Feb. 20, 2026
Contact
Dog Friendly
Cat Friendly
4
$700
826 N Walnut St Lansing, MI
1 BR | Feb. 20, 2026
Contact
Dog Friendly
Cat Friendly
16
$1,299
Lansing, MI
1 BR | Mar. 21, 2026
Contact
Dog Friendly
Cat Friendly
House
9
$1,100
Lansing, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
25
$2,400
Lansing, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
13
$950
Lansing, MI
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
North Lansing
12
$675
Lansing, MI
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
2
$800
Lansing, MI
2 BR | Ask for Availability
Contact
House
1
$850
Lansing, MI
3 BR | Ask for Availability
Contact
House
Basset Park
1
$950
420 W Maple St Lansing, MI
2 BR | Available Now
Contact
1
$1,300
Lansing, MI
3 BR | Available Now
Contact
5
$975 - 1,135
620 May Street, Suite 1 Lansing, MI
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
6
$739 - 839
3335 Jonis Cir Lansing, MI
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
1 - 16 of 16 Results
  1. Home
  2. Lansing
  3. 48906

How much does it cost to rent an apartment in 48906?

48906 apartments
Bed Type Average Rent Range
1BR $860 $680 - $1,300
2BR $1,010 $570 - $2,060
3BR $1,080 $610 - $1,390
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 28 rental units available for you to choose from. The average rent in 48906 is $960 per month, and the lowest rent for a 2-bedroom floor plan starts at $573.

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:
February Rent Report

Welcome to the February 2026 Lansing Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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

$1,250
$940
$630
$310
$0
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
1 BR       2 BR

Lansing Rent Prices Decrease From January to February

Lansing rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Lansing one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Lansing experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Lansing two-bedroom apartments currently stands at $.

February Prices: Lansing vs. Surrounding Areas

Rent Prices in Lansing and Surrounding Areas

Rent prices have decreased 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 0 of the Lansing suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lansing suburbs

  • Rents did not decrease in any of the Lansing suburbs.

February 2026 Pricing Trends: Lansing vs. National Comparisons

Lansing Rent Prices More Affordable Than Major Cities

Rent growth in 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, 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 February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

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.