
Apartments for Rent in Ann Arbor, MI Under $700 (5 Rentals)


822 Arch St
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.

Lion

Lurie Terrace Senior 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.

515 Lawrence St
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 $700 | $1,774 | $1,020 | $2,864 |
| Ann Arbor 1 Bedroom Apartments Under $700 | $1,824 | $800 | $4,068 |
| Ann Arbor 2 Bedroom Apartments Under $700 | $2,154 | $846 | $4,349 |
| Ann Arbor 3 Bedroom Apartments Under $700 | $2,571 | $655 | $4,575 |
| Ann Arbor 4 Bedroom Apartments Under $700 | $1,989 | $780 | $5,600 |
| Ann Arbor 5 Bedroom Apartments | $2,468 | $895 | $6,850 |
| Ann Arbor 6 Bedroom Apartments | $4,763 | $1,200 | $8,900 |
Browse Top Apartments in Ann Arbor
See all Apartments in Ann ArborExplore Ann Arbor
Ann Arbor, MI Local Guide
- Ann Arbor Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 341 Studio Apartments in Ann Arbor with rent ranges from $1,020 to $2,864 with an average price of $1,774.
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 $4,068 with an average monthly rent of $1,824.
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 $4,349. Today's average rental price for Two Bedrooms here is $2,154.
How expensive are Ann Arbor Three Bedroom Apartments?
There are currently 149 Three Bedroom Apartments listings available in Ann Arbor on ApartmentHomeLiving.com. The pricing ranges from $655 to $4,575 - averaging $2,571 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

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.

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.

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.

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.