Cheap Apartments for Rent with Specials in Ann Arbor, MI from $500 (43 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

Rental Listings with Specials.

Cheap Apartments in Ann Arbor.

close
View Me
985 Northwood St
Rent Specials
$995 - $1,095
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,095

Total Monthly Price
$995 - $1,095
1 Bedroom Apartments Available Now

985 Northwood St

985 Northwood StAnn Arbor, MI 48103
Student Housing
  • Verified
  • Smoke Free
close
View Me
Hillcrest / Park Place
Rent Specials
$1,049 - $1,739
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,739

Total Monthly Price
$1,049 - $1,739
1 to 2 Bedroom Apartments Available Now

Hillcrest / Park Place

1980 Pauline BlvdAnn Arbor, MI 48103
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Forest Plaza Apartments
Rent Specials
$1,195 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,545

Total Monthly Price
$1,195 - $1,545
Studio to 1 Bedroom Apartments Available Now

Forest Plaza Apartments

715 S Forest AveAnn Arbor, MI 48104
Student Housing
  • Verified
  • Customer Reviewed
close
View Me
Island Drive
Rent Specials
$1,199 - $1,899
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,899

Total Monthly Price
$1,199 - $1,899
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
323 Packard St
Rent Specials
$1,200 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,300

Total Monthly Price
$1,200 - $1,300
1 Bedroom Apartments Available Now

323 Packard St

323 Packard StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
812 Mary St
Rent Specials
$1,200 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,300

Total Monthly Price
$1,200 - $1,300
1 Bedroom Apartments Available Now

812 Mary St

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

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.

close
View Me
Ann Arbor Woods
Rent Specials
$1,206 - $2,084
Total Monthly Price

Total Monthly Price

Base Rent
$1,206 - $2,084

Total Monthly Price
$1,206 - $2,084
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
813 S Main St
Rent Specials
$1,300 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,600

Total Monthly Price
$1,300 - $1,600
1 to 2 Bedroom Apartments Available Aug 20

813 S Main St

813 S Main StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Traver Courts
Rent Specials
$1,349 - $2,139
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $2,139

Total Monthly Price
$1,349 - $2,139
1 to 2 Bedroom Apartments Available Now

Traver Courts

1505 Natalie LnAnn Arbor, MI 48105
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Tradewind Apartments
Rent Specials
$1,350 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,925

Total Monthly Price
$1,350 - $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
Michigan Terrace
Rent Specials
$1,395 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,995

Total Monthly Price
$1,395 - $1,995
2 to 3 Bedroom Apartments Available Aug 28

Michigan Terrace

1025 Packard StAnn Arbor, MI 48104
Student Housing
  • Verified
close
View Me
Traver Ridge
Rent Specials
$1,449 - $2,319
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,319

Total Monthly Price
$1,449 - $2,319
1 to 3 Bedroom Apartments Available Now

Traver Ridge

2395 Leslie CirAnn Arbor, MI 48105
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
832 Packard St
Rent Specials
$1,500 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,250

Total Monthly Price
$1,500 - $2,250
1 to 2 Bedroom Apartments Available Aug 20

832 Packard St

832 Packard StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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
912 Brown St
Rent Specials
$1,500 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,600

Total Monthly Price
$1,500 - $1,600
2 Bedroom Apartments Available Aug 20

912 Brown St

912 Brown StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Haven of Ann Arbor
Rent Specials
$1,512 - $2,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,512 - $2,299

Total Monthly Price
$1,512 - $2,299
Studio to 2 Bedroom Apartments Available Now

The Haven of Ann Arbor

459 Village Green BlvdAnn Arbor, MI 48105
Furnished
  • Verified
  • Customer Reviewed
  • 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

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

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 $1,049.

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 $4,453.

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 6,839 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 $1,374 which is $3,079 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.