Cheap Gated Apartments for Rent in Ann Arbor, MI from $500 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Ann Arbor.

close
View Me
Island Drive
Rent Specials
$1,199 - $2,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,370

Total Monthly Price
$1,199 - $2,370
Studio to 3 Bedroom Apartments Available Now

Island Drive

1099 Maiden LnAnn Arbor, MI 48105
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Ann Arbor Woods
Rent Specials
$1,211 - $2,551
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,551

Total Monthly Price
$1,211 - $2,551
1 to 3 Bedroom Apartments Available Now

Ann Arbor Woods

2167 Medford RdAnn Arbor, MI 48104
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
812 Mary St
Rent Specials
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
1 Bedroom Apartments Available Now

812 Mary St

812 Mary StAnn Arbor, MI 48104
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free

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.

close
View Me
Tradewind Apartments
Rent Specials
$1,450 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,925

Total Monthly Price
$1,450 - $1,925
1 to 2 Bedroom Apartments Available Now

Tradewind Apartments

121 E Hoover AveAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Highlands Apartments
Rent Specials
$1,555 - $2,280
Total Monthly Price

Total Monthly Price

Base Rent
$1,555 - $2,280

Total Monthly Price
$1,555 - $2,280
1 to 2 Bedroom Apartments Available Aug 15

The Highlands Apartments

1681-1699 Broadway StAnn Arbor, MI 48105
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
912 Sybil St
Studio to 1 Bedroom Apartments

912 Sybil St

912 Sybil StAnn Arbor, MI 48104
  • Smoke Free
close
View Me
923 S 7th St
1 to 2 Bedroom Apartments

923 S 7th St

923 S 7th StAnn Arbor, MI 48103

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.

close
View Me
705 S Division St
1 Bedroom Apartments

705 S Division St

705 S Division StAnn Arbor, MI 48104
Furnished
  • Smoke Free
close
View Me
1118 Michigan Ave
1 Bedroom Apartments

1118 Michigan Ave

1118 Michigan AveAnn Arbor, MI 48104
close
View Me
1322 S Forest Ave
Studio to 2 Bedroom Apartments

1322 S Forest Ave

1322 S Forest AveAnn Arbor, MI 48104
  • Smoke Free

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Ann Arbor, MI Local Guide

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ann Arbor, MI Rentals by Map

View Map
Ann Arbor, MI Apartments Map
View Map
Ann Arbor, MI Rental Homes Map

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 $1,149.

What is the price of a cheap apartment in Ann Arbor?

The cheapest apartment in Ann Arbor is Aspen Chase which is listed at $929, while the average apartment in Ann Arbor costs $5,231.

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 8,304 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 $1,698 which is $3,533 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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.