
Cheap Apartments for Rent with Specials in Ann Arbor, MI from $500 (32 Rentals)
Rental Listings with Specials.
Cheap Apartments in Ann Arbor.


Jackson West

Island Drive

Mulberry Row Apartments

Atrio Apartment Homes

Spice Tree

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Ann Arbor Woods

Wyndham Hill 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.

University Plaza

Charlton Apartments

Arbor Haus Apartments - Ann Arbor, MI

Homestead Commons

Arch Manor

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Tradewind Apartments

Mill Creek Townhomes

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812 Mary 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.

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323 Packard St

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813 S Main St

Fritz Lofts

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Cambridge Club

The Park at Sagebrush Circle

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832 Packard St

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912 Brown St

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The Haven of Ann Arbor
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

406 Packard Apartments

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Villas at Northstar

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Golfview Manor Aparments

The Pines of Cloverlane Apartments

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Chestnut Lake

Lynden Parke Apartments (Lynden Parke 154 LLC)

Ridgewood Apartments

Arbor Knoll Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,781 | $1,020 | $2,864 |
| Ann Arbor 1 Bedroom Apartments | $1,831 | $800 | $4,068 |
| Ann Arbor 2 Bedroom Apartments | $2,159 | $846 | $4,349 |
| Ann Arbor 3 Bedroom Apartments | $2,562 | $655 | $4,575 |
| Ann Arbor 4 Bedroom Apartments | $1,991 | $780 | $5,600 |
| Ann Arbor 5 Bedroom Apartments | $2,468 | $895 | $6,850 |
| Ann Arbor 6 Bedroom Apartments | $5,012 | $1,200 | $8,900 |
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.
Read ArticleDon'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.
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 $1,125.
What is the price of a cheap apartment in Ann Arbor?
The cheapest apartment in Ann Arbor is Aspen Chase which is listed at $959, while the average apartment in Ann Arbor costs $7,937.
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 10,458 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 $1,665 which is $6,272 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

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.