
Cheap Homes for Rent in Broadway Neighborhood of Ann Arbor, MI from $700 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Broadway area of Ann Arbor.


126 Hill St

536 Detroit St

555 E William St, Unit 12E

543 Longshore Dr

555 E William 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.

1217 Island Dr

1718 Orchard St

253 Brookridge Ct

814 Pauline Blvd

829 Miller Ave

1249 Island Dr, Unit 104
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.

219 Brookridge Ct, Unit 1

1209 Island Dr

1249 Island Dr

555 E William St, Unit 22E

714 W Madison St

2736 S Knightsbridge Cir
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.

606 W Summit St

2806 Barclay Wy

525 6th Street

1598 Jones Dr

2795 S Knightsbridge Cir

2800 S Knightsbridge Cir
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.

2802 S Knightsbridge Cir

1253 Island Dr
Broadway, Ann Arbor, MI Local Guide

How much does it cost to rent a home in Broadway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Broadway 2 Bedroom Homes for Rent | $2,382 | $1,800 | $4,000 |
| Broadway 3 Bedroom Homes for Rent | $3,532 | $2,300 | $9,500 |
| Broadway 4 Bedroom Homes for Rent | $3,718 | $2,900 | $5,200 |
| Broadway 5 Bedroom Homes for Rent | $5,148 | $4,300 | $6,500 |
| Broadway 6 Bedroom Homes for Rent | $6,046 | $950 | $8,195 |
| Broadway 7 Bedroom Homes for Rent | $6,113 | $750 | $8,860 |
Browse Homes for Rent in this Neighborhood
There are currently 26 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 21, 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
Frequently Asked Questions about Broadway
What type of rentals are currently available in Broadway?
There are currently 699 Apartments for Rent in Broadway, MI with pricing that ranges from $655 to $8,900. There are also 104 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broadway ranging from $750 to $10,360.
What is the current price range for Rental Homes in Broadway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Broadway ranges from $750 to $10,360 with an average monthly rent of $5,032.
How much are larger Three and Four Bedroom Rentals in Broadway?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Broadway range from $655 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $9,500. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $955.
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.