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$1,038 - $1,4981 to 2 Bedroom Apartments Available Now
Lakestone Apartments
4275 Eyrie DrAnn Arbor, MI 48103
Cheap Low Income Apartments for Rent in Ann Arbor, MI from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Ann Arbor.
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Rent Specials
$1,535 - $3,745
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,535 - $3,745
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$1,535 - $3,745
The Haven of Ann Arbor
459 Village Green BlvdAnn Arbor, MI 48105
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.
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$1,220 - $1,765
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,220 - $1,765
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$1,220 - $1,765
Chestnut Lake
1450 Chestnut DrYpsilanti, MI 48197
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$1,300 - $1,4001 Bedroom Apartments Available Now
Lynden Parke Apartments (Lynden Parke 154 LLC)
2224 Golfside DrYpsilanti, MI 48197
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.
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$1,310 - $1,8051 to 3 Bedroom Apartments Available Now
Haverhill on Clark
4800 W Clark RdYpsilanti, MI 48197
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Ann Arbor, MI Local Guide
How much does it cost to rent an apartment in Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ann Arbor Studio Apartments | $1,767 | $1,020 | $2,864 |
| Ann Arbor 1 Bedroom Apartments | $1,831 | $800 | $4,068 |
| Ann Arbor 2 Bedroom Apartments | $2,158 | $846 | $4,349 |
| Ann Arbor 3 Bedroom Apartments | $2,571 | $655 | $4,575 |
| Ann Arbor 4 Bedroom Apartments | $1,989 | $780 | $5,600 |
| Ann Arbor 5 Bedroom Apartments | $2,468 | $895 | $6,850 |
| Ann Arbor 6 Bedroom Apartments | $4,763 | $1,200 | $8,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Ann Arbor
Ann Arbor, MI Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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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 the Cheapest Studio apartment in Ann Arbor?
Currently the most affordable Cheap Studio Apartment in Ann Arbor is at 912 Sybil St listed at $1,090.
How much is rent for a Cheap One Bedroom Ann Arbor Apartment?
The lowest price for a Cheap One Bedroom Ann Arbor Apartment is $999 at Aspen Chase.
What is the lowest price for a Cheap Two Bedroom Ann Arbor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ann Arbor is starting from $1,060 at Camelot Apartments.
What is the most affordable Ann Arbor Three Bedroom Apartment?
The best deal on a cheap Ann Arbor Three Bedroom Apartment rental is at Spice Tree and starts from $1,745.
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
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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.