
Cheap Apartments for Rent in the Broadway Neighborhood of Ann Arbor, MI from $500 (215 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broadway area of Ann Arbor.


Huron Towers

Manchester Flats

316 Thompson St

1548 Jones Dr

Haven on Geddes

810 S Main St

Total Monthly Price
Nob Hill Apartments

1544 Jones Dr

1019 Arbordale St
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.

1552 Jones Dr

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Abbey

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Forest Plaza Apartments

922 S State St

1556 Jones Dr

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535 Packard St, Unit 3 and 4

1121 Packard St

1556a Jones Dr

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813 S Main St

Total Monthly Price
Traver Ridge
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.

Wyndham Hill Apartments

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Tradewind Apartments

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Island Drive

1108 Packard St

805 E Huron St

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GreenBrier

University Plaza

420 Hill St

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Michigan Terrace

Varsity Management – 723 W Madison
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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Traver Crossing

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1327 Wilmot St

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323 Packard St

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812 Mary St

1018 Gott St

401 Pauline Blvd

The Algonquin

Arch Manor

802 S Main St

307 Thompson - Furnished Studios
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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812 Mary St

1000 Oakland Ave

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415 Lawrence St - 10 Minute Walk to Campus

414 Division

Fritz Lofts

914 Vaughn St

522 N Division St

503 Church St

413 W Liberty St

332 E William St
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.
Broadway, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Broadway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Broadway Studio Apartments | $1,860 | $1,030 | $3,060 |
| Broadway 1 Bedroom Apartments | $1,843 | $999 | $3,725 |
| Broadway 2 Bedroom Apartments | $2,132 | $846 | $4,175 |
| Broadway 3 Bedroom Apartments | $2,273 | $655 | $4,575 |
| Broadway 4 Bedroom Apartments | $1,915 | $955 | $5,600 |
| Broadway 5 Bedroom Apartments | $1,791 | $895 | $5,000 |
| Broadway 6 Bedroom Apartments | $4,918 | $1,295 | $8,900 |
Browse Apartments in this Neighborhood
There are currently 215 rentals with your search options within a 2 mile radius of the Broadway Neighborhood of Ann Arbor, MI.
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Broadway, Ann Arbor, MI Local Guide
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Cheapest Available Broadway Apartments for Rent
 The cheapest available apartment rental in the Broadway area of Ann Arbor, MI is a 1 Bed unit found at 912 Sybil St priced from $950. Manchester Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Broadway apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 912 Sybil St | 1-Bedroom - August 29, 2026 | 1BR,1BA | $950 |
| Manchester Flats | The Burlington | 1BR,1BA | $999 |
| 810 S Main St | 1 BED | 1BR,1BA | $1,125 |
| Leaird Drive Studios - All Utilities Included | By Bed | 1BR,1BA | $1,190 |
| Forest Plaza Apartments | Studio | Studio,1BA | $1,195 |
| Landmark | 4X2C | 4BR,2BA | $1,315 |
| Island Drive | One Bedroom Phase 3 | 1BR,1BA | $1,350 |
| 420 Hill St | S 1 Bedroom | 1BR,1BA | $1,375 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Broadway, MI
As of June 20, 2026 the best value apartment in the Broadway area is the $1.32 price per square foot House Model at 807 S Main St in the in the North Central Ann Arbor neighborhood starting from $2,900. The second greatest value Broadway apartment is the 1 Bedroom - Shared House Model at 518 Monroe St starting at $1,200 with a $0.59 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for Broadway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 807 S Main St | House | 3BR,1BA | $1.32 |
| 518 Monroe St | 1 Bedroom - Shared House | 1BR,1BA | $0.59 |
| Hideaway Apartments | Traver w/ Two Car Garage | 4BR,3.5BA | $1.68 |
| Vic Village North | 4B - Deluxe | 4BR,4BA | $1.46 |
| Traver Ridge | The George | 2BR,2BA | $1.55 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1.45 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.46 |
| Z Place Apartments | B1 Alt2 - 2x1 | 2BR,1BA | $1.21 |
| Wyndham Hill Apartments | CUO2B1B | 2BR,1BA | $1.68 |
| Across From UofM Campus - 1313 S State St | Short-Term Lease | 2BR,1BA | $1.19 |
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.
Read ArticleReal 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.
Pet Friendly LifestyleBroadway, Ann Arbor, MI
Ranked #23
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Broadway, Ann Arbor, MI
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Michigan, including Ann Arbor. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Broadway Apartments
What is a cheap apartment in Broadway?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Broadway is under $1,400.
What is the price of a cheap apartment in Broadway?
The cheapest apartment in Broadway is 912 Sybil St which is listed at $950, while the average apartment in Broadway costs $5,923.
What types of apartments are the cheapest in Broadway?
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 192 regular apartments in Broadway 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 Broadway?
Cheap apartments in Broadway have an average cost of $1,748 which is $4,175 cheaper than the average rent for all rentals in Broadway.
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.