Cheap Apartments for Rent in Ann Arbor, MI from $500 with Washer/Dryer (45 Rentals)

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

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Sparrow Wood Apartments
$1,300 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,500

Total Monthly Price
$1,300 - $1,500
1 to 2 Bedroom Apartments Available Now

Sparrow Wood Apartments

2864 Carpenter RdAnn Arbor, MI 48108
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 703 S Forest Ave

$1,390 - $2,165

1 To 2 Bedroom Rentals

Available Aug 1

703 S Forest Ave

Ann ArborMI48104

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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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
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Bradford House
$1,450 - $2,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $2,065

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 28

Bradford House

1010 Catherine StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
  • 3D Tour
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812 Mary St
Rent Specials
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
1 Bedroom Apartments Available Now

812 Mary St

812 Mary StAnn Arbor, MI 48104
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free
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The Haven of Ann Arbor
Rent Specials
$1,535 - $3,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $3,745

Total Monthly Price
$1,535 - $3,745
Studio to 2 Bedroom Apartments Available Now

The Haven of Ann Arbor

459 Village Green BlvdAnn Arbor, MI 48105
Furnished
  • Verified
  • Customer Reviewed
  • Low Income
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Cambridge Club
Rent Specials
$1,539 - $1,867
Total Monthly Price

Total Monthly Price

Base Rent
$1,539 - $1,867

Total Monthly Price
$1,539 - $1,867
1 to 2 Bedroom Apartments Available Now

Cambridge Club

5501 Cambridge Club CirAnn Arbor, MI 48103
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free

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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Parc Pointe Apartments
$1,630 - $2,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,630 - $2,215

Total Monthly Price
$1,630 - $2,215
1 to 2 Bedroom Apartments Available May 13

Parc Pointe Apartments

1901 Pointe LnAnn Arbor, MI 48105
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Villas at Northstar
Rent Specials
$1,640 - $3,654
Total Monthly Price

Total Monthly Price

Base Rent
$1,640 - $3,654

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Villas at Northstar

2820 Windwood DrAnn Arbor, MI 48105
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Surrey Park
Studio to 2 Bedroom Apartments

Surrey Park

2501 Keystone LnAnn Arbor, MI 48103
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The Barrister
1 to 6 Bedroom Apartments

The Barrister

616-616 Monroe StAnn Arbor, MI 48104
Student Housing
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Ashley Manor
1 Bedroom Apartments

Ashley Manor

512 N Ashley StAnn Arbor, MI 48103
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McKinley
1 to 4 Bedroom Apartments

McKinley

820-824 Mckinley AveAnn Arbor, MI 48104
  • Utilities Included
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West Huron Apartments
1 to 3 Bedroom Apartments

West Huron Apartments

712 W Huron StAnn Arbor, MI 48103
  • Utilities Included
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Broadview Apartments
1 to 2 Bedroom Apartments

Broadview Apartments

1701-1753 Broadview LnAnn Arbor, MI 48105
  • Utilities Included
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536 S 4th Ave
Studio to 2 Bedroom Apartments

536 S 4th Ave

536-538 S 4th AveAnn Arbor, MI 48104
Student Housing
  • Utilities Included
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324 S Ashley St
1 Bedroom Apartments

324 S Ashley St

324 S Ashley StAnn Arbor, MI 48104
Student Housing
  • Utilities Included

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.

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Eastwind Apartments
1 to 2 Bedroom Apartments

Eastwind Apartments

2025 S Huron PkyAnn Arbor, MI 48104
  • Utilities Included
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Golfside Lake
Studio to 2 Bedroom Apartments

Golfside Lake

2345 Woodridge WayYpsilanti, MI 48197

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Ann Arbor, MI Local Guide

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.

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The 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.

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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.

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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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Remember the 3 Rules of Real Estate:
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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 $7,879.

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 10,523 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 $1,646 which is $6,233 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 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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.