
Cheap Apartments for Rent in Ann Arbor, MI from $750 (207 Rentals)
Search the lowest-cost Apartments available for rent right now in Ann Arbor.


1803 Hill St

1116 Packard St

Hidden Valley Club

Evergreen

Manchester Flats

2130-2132 Washtenaw Ave, Unit 2132

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1540 Packard St, Unit Apt 2

Huron Towers

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985 Northwood St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Sans Souci

Haven on Geddes

Mulberry Row Apartments

1544 Jones Dr

Carleton Court

Glencoe Hills

324 E Jefferson St

Evergreen Apartments

1425-1427 S State St

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Hillcrest / Park Place
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Island Drive

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2018 Pontiac Trl, Unit 1

1415 Packard St

Jackson West

810 S Main St

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Nob Hill Apartments

332 E William St

1552 Jones Dr

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Ann Arbor Woods

344 S Division
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Forest Plaza Apartments

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Greenway Park Apartments

Manchester West

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Traver Crossing

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812 Mary St

528 S 5th Ave

528 S 5th Ave

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323 Packard St

807 W Madison St

Arbor Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

407 N Ashley St

Spice Tree

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Abbey

Atrio Apartment Homes

Huron Flats

Homestead Commons

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GreenBrier

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406 Montgomery Ave, Unit 406 Montgomery

1556a Jones Dr

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813 S Main St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Ann Arbor Studio Apartments | $1,759 | $865 | $2,763 |
| Cheap Ann Arbor 1 Bedroom Apartments | $1,859 | $825 | $3,707 |
| Cheap Ann Arbor 2 Bedroom Apartments | $2,176 | $846 | $5,283 |
| Cheap Ann Arbor 3 Bedroom Apartments | $2,706 | $949 | $5,056 |
| Cheap Ann Arbor 4 Bedroom Apartments | $1,801 | $825 | $4,400 |
| Ann Arbor 5 Bedroom Apartments | $2,206 | $750 | $5,500 |
| Ann Arbor 6 Bedroom Apartments | $4,908 | $1,315 | $7,200 |
Browse Top Apartments in Ann Arbor
See all Apartments in Ann ArborExplore Ann Arbor
Ann Arbor, MI Local Guide

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Cheapest Neighborhoods for Apartments in Ann Arbor, MI
Pricing Updated: 09/12/2026Current apartment rentals in the Ann Arbor, MI area range in price from $750 to $7,200 with an overall median price of $1,792. The three Ann Arbor neighborhoods with the lowest median rent pricing are North Burns Park at $1,475, Huron Parkway at $1,568, and Allen at $1,580. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Ann Arbor Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| North Burns Park | $1,475 | $950 | 12 |
| Huron Parkway | $1,568 | $825 | 320 |
| Allen | $1,580 | $825 | 364 |
| Southeast Ann Arbor | $1,580 | $825 | 311 |
| King | $1,585 | $750 | 363 |
| Angells | $1,590 | $825 | 151 |
| Chapel Hill | $1,595 | $750 | 339 |
| Parkway Meadows | $1,595 | $750 | 177 |
| Bach | $1,599 | $750 | 390 |
| Broadway | $1,599 | $750 | 488 |
Cheapest Available Ann Arbor Apartments for Rent
 The cheapest available apartment rental in Ann Arbor, MI is a 3 Beds unit found at 203 E. Davis in the Central Ann Arbor neighborhood priced from $800. 1803 Hill St in the Northeast Ann Arbor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Ann Arbor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 203 E. Davis | 3BR/1.0BA | 3BR,1BA | $800 |
| 1803 Hill St | 1803 Hill St. | 1BR,3BA | $825 |
| Z West Apartments | B3 Alt1 | 2BR,2BA | $846 |
| Evergreen | Belmont | 1BR,1BA | $929 |
| Aspen Chase | Algonac | 1BR,1BA | $949 |
| Varsity Management | 2BR/1.0BA | 2BR,1BA | $960 |
| The Villas | The Carter | 1BR,1BA | $979 |
| Camelot Apartments | 1BR/1BA Upgraded | 1BR,1BA | $995 |
Best Value Apartments for Rent in Ann Arbor, MI
As of September 13, 2026 the best value apartment in the Ann Arbor area is the $0.30 price per square foot 1803 Hill St. Model at 1803 Hill St in the in the Northeast Ann Arbor neighborhood starting from $825. The second greatest value Ann Arbor apartment is the City Townhome Model at City Place Ann Arbor starting at $1,285 with a $0.57 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3.5BA | $0.30 |
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.57 |
| 518 Monroe St | Per Bedroom - Shared House | 1BR,1BA | $0.49 |
| 1540 Packard St, Unit Apt 2 | 1540 Packard St | 4BR,2BA | $0.49 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR,1BA | $0.50 |
| Z Place Apartments | D1 - 4x2 | 4BR,2BA | $0.99 |
| 815 S State St | 2 Bedroom | 2BR,1BA | $0.77 |
| Truth House - All Inclusive | Double Room - Per Bed - Furnished | 1BR,1BA | $0.87 |
| 915 S. Division | 3 Bedroom | 3BR,1BA | $0.89 |
| 912 Brown St | 2 Bedroom | 2BR,1BA | $0.82 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Ann Arbor Overview
Ann Arbor is the county seat of Washtenaw County and one of the largest cities in Michigan. According to the census done in 2015, the estimated population of persons living there is 117,070. Ann Arbor boasts of best public schools, research institutions and recreational parks among others. With the great research institutions present, it is a great place to live in, study and work.
Why live in Ann Arbor, MI?
" Ann Arbor is a great place to find an apartment for living. This is because there are many recreational parks, good transportation systems, reliable climate and also good universities as well as research facilities. There are numerous employment opportunities since major companies have been set up as a result of research facilities present. The city is known to have a large number of educated people and therefore technology as well as exposure to great innovations is high. The apartments in the An Arbor area are also relatively fairly priced and hence affordable."
Best Local Schools in Ann Arbor, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ann Arbor, MI Rentals by Map
See the most popular apartments and homes in Ann Arbor, MI
Frequently Asked Questions about Cheap Ann Arbor Apartments
What is a cheap apartment in Ann Arbor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ann Arbor is under $995.
What is the price of a cheap apartment in Ann Arbor?
The cheapest apartment in Ann Arbor is 1803 Hill St which is listed at $825, while the average apartment in Ann Arbor costs $1,792.
What types of apartments are the cheapest in Ann Arbor?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12,147 regular apartments in Ann Arbor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Ann Arbor?
Cheap apartments in Ann Arbor have an average cost of $1,279 which is $513 cheaper than the average rent for all rentals in Ann Arbor.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.