Cheap Apartments for Rent in the Broadway Neighborhood of Ann Arbor, MI from $500 (126 Rentals)

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

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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property at 317 E Ann St

$1,260 - $2,000

1 To 2 Bedroom Rentals

Available Now

317 E Ann St

Ann ArborMI48104

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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property at 1028 Fuller Rd

$1,335 - $1,805

1 To 2 Bedroom Rentals

Available Now

1028 Fuller Rd

Ann ArborMI48104
property at 630 Packard St

$1,350 - $1,500

Studio To 1 Bedroom Rentals

Available Aug 21

630 Packard St

Ann ArborMI48104

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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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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property at 1322 S Forest Ave

$1,500 - $2,400

Studio To 2 Bedroom Rentals

Available May 18

1322 S Forest Ave

Ann ArborMI48104
property at 322 S Division St

$1,500 - $3,200

1 To 2 Bedroom Rentals

Available Aug 14

322 S Division St

Ann ArborMI48104
property at 226 Packard St

$1,300 - $1,525

Studio Rentals

Available May 18

226 Packard St

Ann ArborMI48104
property at 927 S Forest Ave

$1,551 - $2,750

1 To 2 Bedroom Rentals

Available May 18

927 S Forest Ave

Ann ArborMI48104

Navigating 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.

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Showing Results 1-50, Page 1 of 3

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 731 Packard priced from $850. Z Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here are the most affordable Broadway apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
731 PackardSingle Bedroom October to December1BR,$850
Z Place ApartmentsB1 Alt1 - 2x12BR,1BA$999
Manchester FlatsThe Burlington1BR,1BA$1,079
1100 Hill St2 Bed/1 Bath AVAILABLE NOW Short Term2BR,1BA$1,090
911 South Main StreetSingle Bed August to December1BR,1BA$1,100
323 Packard St1 Bedroom1BR,1BA$1,100
Nob Hill Apartments0B1BStudio,1BA$1,150
Z West ApartmentsB2 Alt22BR,2BA$1,195

Best Value Apartments for Rent in Broadway, MI

As of January 27, 2026 the best value apartment in the Broadway area is the $0.56 price per square foot City Townhome Model at City Place Ann Arbor in the in the Chapel Hill neighborhood starting from $1,270. The second greatest value Broadway apartment is the House Model at 807 S Main St starting at $2,900 with a $1.32 price per square foot in the North Central Ann Arbor 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.
City Place Ann ArborCity Townhome6BR,5BA$0.56
807 S Main StHouse3BR,1BA$1.32
510 Mack Rd510 Mack5BR,2BA$0.68
1318 Wilmot St1318 Wilmot6BR,3BA$0.65
1105 Freesia Ct, Unit 6901105 Freesia Ct4BR,2BA$0.38
507 Mack Rd507 Mack4BR,2BA$0.78
1329 S University Ave1329.5 S. University5BR,2.5BA$0.86
533 Elizabeth St, Unit 2533 Elizabeth St6BR,1BA$0.71
Z Place ApartmentsB1 Alt2 - 2x12BR,1BA$1.21
323 Packard St1 Bedroom1BR,1BA$1.52

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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The 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.

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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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Quick 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.

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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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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 $1,195.

What is the price of a cheap apartment in Broadway?

The cheapest apartment in Broadway is 731 Packard which is listed at $850, while the average apartment in Broadway costs $17,000.

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 273 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 $1,569 which is $15,431 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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.