
Cheap Apartments for Rent in the Broadway Neighborhood of Ann Arbor, MI from $509 (209 Rentals)
Search the lowest-cost Apartments available for rent right now in the Broadway area of Ann Arbor.


Park Plaza

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533 Elizabeth St, Unit 533 Elizabeth

840 W Huron St, Unit 1

1803 Hill St

533 Elizabeth St

Manchester Flats

2130-2132 Washtenaw Ave, Unit 2132

1548 Jones Dr

Huron Towers
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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985 Northwood St

The Sans Souci

Haven on Geddes

1544 Jones Dr

324 E Jefferson St

Evergreen Apartments

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Island Drive

810 S Main St

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Nob Hill Apartments

1552 Jones Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

332 E William St

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Forest Plaza Apartments

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Traver Crossing

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812 Mary St

1556 Jones Dr

528 S 5th Ave

528 S 5th Ave

807 W Madison St

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323 Packard St

Atrio Apartment Homes
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.

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Abbey

Huron Flats

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GreenBrier

1556a Jones Dr

903 Mary St

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813 S Main St

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Tradewind Apartments

805 E Huron St

Wyndham Hill Apartments

420 Hill 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.

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Michigan Terrace

The Viscount

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522 Packard St - 5 Minute Walk to UofM Campus

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621 E William St

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Dean Apartments

The Algonquin

802 S Main St

307 Thompson - Furnished Studios

2260 Fuller Ct

Shoreview Apartments
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.
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 | $1,769 | $1,065 | $2,575 |
| Broadway 1 Bedroom Apartments | $1,569 | $825 | $2,930 |
| Broadway 2 Bedroom Apartments | $2,024 | $846 | $5,283 |
| Broadway 3 Bedroom Apartments | $2,159 | $544 | $4,575 |
| Broadway 4 Bedroom Apartments | $1,702 | $799 | $4,400 |
| Broadway 5 Bedroom Apartments | $1,845 | $750 | $5,000 |
| Broadway 6 Bedroom Apartments | $3,952 | $1,315 | $7,200 |
Browse Apartments in this Neighborhood
There are currently 209 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 2 Beds unit found at Lion priced from $668. Landmark has the second lowest priced unit, which is a 4 Beds apartment currently listed from $799. Here are the most affordable Broadway apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lion | 2 Bedroom Bi-level ($667.50 w/ 4 People) | 2BR, 1BA | $668 |
| Landmark | 4X2C | 4BR, 2BA | $799 |
| 203 E. Davis | 3BR/1.0BA | 3BR, 1BA | $800 |
| Park Plaza | 1 Bedroom 1 Bath | 1BR, 1BA | $815 |
| 1803 Hill St | 1803 Hill St. | 1BR, 3BA | $825 |
| Z West Apartments | B3 Alt1 | 2BR, 2BA | $846 |
| Varsity Management | 2BR/1.0BA | 2BR, 1BA | $960 |
| 985 Northwood St | 1 Bedroom | 1BR, 1BA | $995 |
| Haven on Geddes | Bi-Level 'Townhome' - By the Bed Lease - one be... | 3BR, 1BA | $999 |
Best Value Apartments for Rent in Broadway, MI
As of September 19, 2026 the best value apartment in the Broadway area is the $0.30 price per square foot 1803 Hill St. Model at 1803 Hill St in the Northeast Ann Arbor neighborhood starting from $825. The second greatest value Broadway apartment is the City Townhome Model at City Place Ann Arbor in the Chapel Hill neighborhood starting at $1,285 with a $0.57 price per square foot. 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. |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR, 3.5BA | $0.30 |
| City Place Ann Arbor | City Townhome | 6BR, 5BA | $0.57 |
| 518 Monroe St | Per Bedroom - Shared House | 1BR, 1BA | $0.49 |
| 533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 5BR, 1BA | $0.50 |
| 815 S State St | 2 Bedroom | 2BR, 1BA | $0.77 |
| University Plaza | 2 Bedroom - For 26/27 School Year | 2BR, 1BA | $0.85 |
| Truth House - All Inclusive | Double Room - Per Bed - Furnished | 1BR, 1BA | $0.87 |
| 915 S. Division | 3 Bedroom | 3BR, 1BA | $0.97 |
| Lion | 2 Bedroom Bi-level ($667.50 w/ 4 People) | 2BR, 1.5BA | $0.77 |
| 912 Brown St | 2 Bedroom | 2BR, 1BA | $0.82 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 #24
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 $999.
What is the price of a cheap apartment in Broadway?
The cheapest apartment in Broadway is Park Plaza which is listed at $815, while the average apartment in Broadway costs $1,555.
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 366 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 $1,332 which is $223 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.