Cheap Apartments for Rent in the Broadway Neighborhood of Ann Arbor, MI from $500 (215 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Broadway area of Ann Arbor.

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Nob Hill Apartments
$1,150 - $1,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,625

Total Monthly Price
$1,150 - $1,625
Studio to 2 Bedroom Apartments Available Jul 6

Nob Hill Apartments

301 Nob Hill CtAnn Arbor, MI 48103
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 1552 Jones Dr

$1,150 - $1,200

1 Bedroom Rentals

Available Aug 11

1552 Jones Dr

Ann ArborMI48105
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Abbey
$1,177 - $3,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,177 - $3,530

Total Monthly Price
$1,177 - $3,530
2 to 3 Bedroom Apartments Available Aug 16

Abbey

909 Church StAnn Arbor, MI 48104
Student Housing
  • Verified
  • Utilities Included
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Forest Plaza Apartments
Rent Specials
$1,195 - $1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,545

Total Monthly Price
$1,195 - $1,545
Studio to 1 Bedroom Apartments Available Now

Forest Plaza Apartments

715 S Forest AveAnn Arbor, MI 48104
Student Housing
  • Verified
  • Customer Reviewed
property at 1556 Jones Dr

$1,200 - $1,500

1 Bedroom Rentals

Available Aug 11

1556 Jones Dr

Ann ArborMI48105
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535 Packard St, Unit 3 and 4
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

535 Packard St, Unit 3 and 4

535 Packard StAnn Arbor, MI 48104
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813 S Main St
Rent Specials
$1,300 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,600

Total Monthly Price
$1,300 - $1,600
1 to 2 Bedroom Apartments Available Aug 20

813 S Main St

813 S Main StAnn Arbor, MI 48104
Student Housing
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  • Utilities Included
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Traver Ridge
Rent Specials
$1,349 - $2,319
Total Monthly Price

Total Monthly Price

Base Rent
$1,349 - $2,319

Total Monthly Price
$1,349 - $2,319
1 to 3 Bedroom Apartments Available Jul 10

Traver Ridge

2395 Leslie CirAnn Arbor, MI 48105
Student Housing
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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.

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Tradewind Apartments
Rent Specials
$1,350 - $1,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,925

Total Monthly Price
$1,350 - $1,925
1 to 2 Bedroom Apartments Available Now

Tradewind Apartments

121 E Hoover AveAnn Arbor, MI 48104
Student Housing
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  • Utilities Included
  • 3D Tour
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Island Drive
Rent Specials
$1,350 - $2,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $2,370

Total Monthly Price
$1,350 - $2,370
Studio to 3 Bedroom Apartments Available Now

Island Drive

1099 Maiden LnAnn Arbor, MI 48105
Student Housing
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  • Customer Reviewed
  • Utilities Included
property at 805 E Huron St

$1,350 - $1,450

Studio To 1 Bedroom Rentals

Available Aug 7

805 E Huron St

Ann ArborMI48104
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GreenBrier
$1,354 - $1,589
Total Monthly Price

Total Monthly Price

Base Rent
$1,354 - $1,589

Total Monthly Price
$1,354 - $1,589
Studio to 2 Bedroom Apartments Available Now

GreenBrier

3615 Green Brier BlvdAnn Arbor, MI 48105
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Michigan Terrace
Rent Specials
$1,395 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,995

Total Monthly Price
$1,395 - $1,995
2 to 3 Bedroom Apartments Available Aug 28

Michigan Terrace

1025 Packard StAnn Arbor, MI 48104
Student Housing
  • Verified

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
$1,399 - $2,089
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,089

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Traver Crossing

1984 Traver RdAnn Arbor, MI 48105
Student Housing
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  • Customer Reviewed
  • 3D Tour
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323 Packard St
Rent Specials
$1,400 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $1,600

Total Monthly Price
$1,400 - $1,600
1 Bedroom Apartments Available Now

323 Packard St

323 Packard StAnn Arbor, MI 48104
Student Housing
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  • Utilities Included
  • 3D Tour
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812 Mary St
Rent Specials
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
1 Bedroom Apartments Available Now

812 Mary St

812 Mary StAnn Arbor, MI 48104
Student Housing
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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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Broadway, Ann Arbor, MI Local Guide

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 ListingModel NameBed/BathPriced From
912 Sybil St1-Bedroom - August 29, 20261BR,1BA$950
Manchester FlatsThe Burlington1BR,1BA$999
810 S Main St1 BED1BR,1BA$1,125
Leaird Drive Studios - All Utilities IncludedBy Bed1BR,1BA$1,190
Forest Plaza ApartmentsStudioStudio,1BA$1,195
Landmark4X2C4BR,2BA$1,315
Island DriveOne Bedroom Phase 31BR,1BA$1,350
420 Hill StS 1 Bedroom1BR,1BA$1,375
323 Packard St1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
807 S Main StHouse3BR,1BA$1.32
518 Monroe St1 Bedroom - Shared House1BR,1BA$0.59
Hideaway ApartmentsTraver w/ Two Car Garage4BR,3.5BA$1.68
Vic Village North4B - Deluxe4BR,4BA$1.46
Traver RidgeThe George2BR,2BA$1.55
Traver CrossingThe Au Sable2BR,1BA$1.45
Saga Ann ArborC13BR,2BA$1.46
Z Place ApartmentsB1 Alt2 - 2x12BR,1BA$1.21
Wyndham Hill ApartmentsCUO2B1B2BR,1BA$1.68
Across From UofM Campus - 1313 S State StShort-Term Lease2BR,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.

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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.

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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.

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Pet Friendly Lifestyle
Broadway, Ann Arbor, MI

Ranked #23

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.

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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.

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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.