
Cheap Apartments for Rent in Ann Arbor, MI from $500 (194 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Ann Arbor.


South Grove Apartments

Charlton Apartments

420 Hill St

Arbor Hills Apartments

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1300 Hutchins Ave, Unit Apartment 1

Mapleridge Apartments

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Michigan Terrace

The Viscount

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Traver Crossing
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.

1018 Gott St

The Algonquin

802 S Main St

307 Thompson - Furnished Studios

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Traver Ridge

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2319 Packard St, Unit Pattengill Condominiums Apt B106

Lakestone Apartments

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The Haven of Ann Arbor

Fritz Lofts

522 N Division St
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.

The Park at Sagebrush Circle

Mill Creek Townhomes

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832 Packard St

503 Church St

1556 Jones Dr

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2118 Pauline Blvd, Unit #308

Arbor Landings

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Pine Valley

125 Hill Street Apartments

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Cambridge Club
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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408 Montgomery Ave

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The Highlands Apartments

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Woodbury Gardens Apartments & Townhomes

817 Arch St

Heritage House

607 Hill St

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1411 Golden Ave, Unit 3

1303 Wilmot St, Unit 21

109 N Thayer St

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Parc Pointe 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.

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Bradford House

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714 W Liberty St

Cloverly Village of Ann Arbor

Kingsley Apartments

515 Lawrence St

Lurie Terrace Senior Apartments

Park Plaza

Arbor Valley

331 Packard

Tradewinds Apartments
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 | $1,988 | $989 | $2,758 |
| Cheap Ann Arbor 1 Bedroom Apartments | $1,895 | $825 | $4,750 |
| Cheap Ann Arbor 2 Bedroom Apartments | $2,202 | $846 | $4,424 |
| Cheap Ann Arbor 3 Bedroom Apartments | $2,803 | $887 | $5,051 |
| Cheap Ann Arbor 4 Bedroom Apartments | $1,818 | $900 | $4,400 |
| Ann Arbor 5 Bedroom Apartments | $2,195 | $750 | $5,500 |
| Ann Arbor 6 Bedroom Apartments | $4,596 | $1,321 | $7,200 |
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 $1,049.
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 $4,438.
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 6,929 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 $1,379 which is $3,059 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.