
Apartments for Rent in Ann Arbor, MI Under $1,500 (203 Rentals)


522 N Division St

Fritz Lofts

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The Haven of Ann Arbor

Mill Creek Townhomes

414 Division

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Woodbury Gardens Apartments & Townhomes

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The Varsity(MI)

Lakestone Apartments

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415 Lawrence St - 10 Minute Walk to Campus
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.

1000 Oakland Ave

812 Mary St

Vic Village North

307 Thompson - Furnished Studios

802 S Main St

Arch Manor

The Algonquin

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1327 Wilmot St

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812 Mary St

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Traver Crossing
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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Michigan Terrace

Varsity Management – 723 W Madison

Mapleridge Apartments

420 Hill St

Arbor Hills Apartments

University Plaza

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Island Drive

Wyndham Hill Apartments

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Tradewind Apartments

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Sparrow Wood 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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Traver Ridge

Traver Courts

Arbor Haus Apartments - Ann Arbor, MI

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813 S Main St

911 South Main Street

Homestead Commons

The Yard

Spice Tree

Mulberry Row Apartments

801 S Main St - Free Parking Included!

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535 Packard St, Unit 3 and 4

Randolph Court

Arbor Village Apartments

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The Standard at Ann Arbor

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Ann Arbor Woods

South Grove Apartments

Arbor Apartments

922 S State St

518 Monroe St

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Forest Plaza 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 |
|---|---|---|---|
| Ann Arbor Studio Apartments Under $1500 | $1,754 | $949 | $3,060 |
| Ann Arbor 1 Bedroom Apartments Under $1500 | $1,714 | $800 | $3,725 |
| Ann Arbor 2 Bedroom Apartments Under $1500 | $2,124 | $846 | $4,175 |
| Ann Arbor 3 Bedroom Apartments Under $1500 | $2,546 | $655 | $4,575 |
| Ann Arbor 4 Bedroom Apartments Under $1500 | $1,905 | $800 | $5,600 |
| Ann Arbor 5 Bedroom Apartments | $1,946 | $895 | $5,500 |
| Ann Arbor 6 Bedroom Apartments | $4,918 | $1,295 | $8,900 |
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Ann Arbor, MI Local Guide
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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 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 Ann Arbor
How much are Studio apartments in Ann Arbor?
There are currently 331 Studio Apartments in Ann Arbor with rent ranges from $949 to $3,060 with an average price of $1,754.
What is the current price range for One Bedroom Ann Arbor Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Ann Arbor ranges from $800 to $3,725 with an average monthly rent of $1,714.
What does renting a Two Bedroom Apartment in Ann Arbor cost?
The monthly rent prices of Two Bedroom Apartments currently available in Ann Arbor range from $846 to $4,175. Today's average rental price for Two Bedrooms here is $2,124.
How expensive are Ann Arbor Three Bedroom Apartments?
There are currently 150 Three Bedroom Apartments listings available in Ann Arbor on ApartmentHomeLiving.com. The pricing ranges from $655 to $4,575 - averaging $2,546 for the location.
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

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.

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.