
Cheap Apartments for Rent in Ann Arbor, MI from $500 (188 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Ann Arbor.


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415 Lawrence St - 10 Minute Walk to Campus

Mapleridge Apartments

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Michigan Terrace

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1327 Wilmot St

401 Pauline Blvd

1018 Gott St

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812 Mary St

The Algonquin

Arch Manor
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.

802 S Main St

Arbor Village Apartments

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The Haven of Ann Arbor

307 Thompson - Furnished Studios

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323 Packard St

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Tradewind Apartments

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2319 Packard St, Unit B 106

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812 Mary St

Arbor Landings

Lakestone Apartments
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.

414 Division

Mill Creek Townhomes

Fritz Lofts

914 Vaughn St

522 N Division St

503 Church St

Pine Valley

413 W Liberty St

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2118 Pauline Blvd, Unit #308

332 E William St

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Traver Crossing

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Traver Ridge

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501 N 5th Ave

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The Highlands Apartments

607 Hill St

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912 Brown St

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Brown Street Apartments

109 N Thayer St

Varsity Management – 723 W Madison

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Parc Pointe Apartments

Atrio Apartment Homes

Cloverly Village of Ann Arbor

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Villas at Northstar

The Park at Sagebrush Circle

Kingsley Apartments

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832 Packard St

515 Lawrence St

Lurie Terrace Senior Apartments

331 Packard

Arbor Valley
Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Ann Arbor Studio Apartments | $1,807 | $949 | $3,060 |
| Cheap Ann Arbor 1 Bedroom Apartments | $1,754 | $800 | $3,725 |
| Cheap Ann Arbor 2 Bedroom Apartments | $2,116 | $846 | $4,175 |
| Cheap Ann Arbor 3 Bedroom Apartments | $2,591 | $655 | $4,575 |
| Cheap Ann Arbor 4 Bedroom Apartments | $1,929 | $1,081 | $5,600 |
| Ann Arbor 5 Bedroom Apartments | $1,932 | $895 | $5,500 |
| Ann Arbor 6 Bedroom Apartments | $4,918 | $1,295 | $8,900 |
Browse Top Apartments in Ann Arbor
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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 $1,149.
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 $5,106.
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 8,023 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 $1,687 which is $3,419 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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.