
Cheap Apartments for Rent in the Carpenter Neighborhood of Ann Arbor, MI from $900 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Carpenter area of Ann Arbor.


Carleton Court

Arbor Apartments

South Grove

Randolph Court

Mulberry Row Apartments

Homestead Commons

Total Monthly Price
Sparrow Wood
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.

3862 Sparrow Wood Dr

3805 Sparrow Wood Dr

Mill Creek Townhomes

3814 Sparrow Wood Dr

3005 Fernwood Ave, Unit 202, Unit 202

Cloverly Village of Ann Arbor

ReNew Ann Arbor

Furnished Studio-Detroit - Ann Arbor - University South
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Total Monthly Price
Brightdawn Village Apartments

Legends Grove

Evergreen

4190 Packard St

Spruce Knob Apartments

3099 Promenade Cir

3005 Fernwood Ave

1328 Addington Ln
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.

7 Metroview Ct

Ridgewood Apartments

Arbor Knoll Apartments

Clover Apartments

Legends Rosewood Village

Total Monthly Price
5748 Hampshire Ln, Unit 5748 Hampshire Lane, Unit 5748 Hampshire Lane

3217 Primrose Ln

5675 Hampshire Ln
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.

6225 Brant Ln

6391 Scoter Ln
Carpenter, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Carpenter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpenter Studio Apartments | $1,319 | $1,020 | $1,949 |
| Carpenter 1 Bedroom Apartments | $1,543 | $1,200 | $2,281 |
| Carpenter 2 Bedroom Apartments | $2,027 | $1,250 | $3,000 |
| Carpenter 3 Bedroom Apartments | $2,879 | $1,365 | $3,350 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Carpenter Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Carpenter, Ann Arbor, MI Local Guide
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Cheapest Available Carpenter Apartments for Rent
 The cheapest available apartment rental in the Carpenter area of Ann Arbor, MI is a 1 Bed unit found at Spruce Knob Apartments priced from $1,199. South Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,205. Here are the most affordable Carpenter apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spruce Knob Apartments | The Van Gogh | 1BR,1BA | $1,199 |
| South Grove | A | 1BR,1BA | $1,205 |
| Randolph Court | 1 BED | 1 BATH | 1BR,1BA | $1,238 |
| Mulberry Row Apartments | 2 Bedroom | 2BR,1BA | $1,250 |
| Homestead Commons | B | 2BR,1BA | $1,295 |
| Ridgewood Apartments | Cascade III | 2BR,1BA | $1,332 |
| Arbor Knoll Apartments | The Alder | 1BR,1BA | $1,349 |
| Mill Creek Townhomes | 1 Bedroom Loft | 1BR,1BA | $1,400 |
| Sparrow Wood | Sparrow Wood | 2BR,2BA | $1,475 |
| Hidden Valley Club | The Packard | 2BR,1BA | $1,639 |
Best Value Apartments for Rent in Carpenter, MI
As of April 13, 2026 the best value apartment in the Carpenter area is the $1.55 price per square foot Haven Model at Blue Heron Pointe in the in the Wellesley Gardens neighborhood starting from $2,254. The second greatest value Carpenter apartment is the 5748 Hampshire Ln Model at 5748 Hampshire Ln, Unit 5748 Hampshire Lane starting at $2,200 with a $1.67 price per square foot in the Wellesley Gardens neighborhood. Here is today’s list of the best values for Carpenter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Blue Heron Pointe | Haven | 3BR,2.5BA | $1.55 |
| 5748 Hampshire Ln, Unit 5748 Hampshire Lane | 5748 Hampshire Ln | 2BR,2.5BA | $1.67 |
| Clover Apartments | 2 Bedroom | 2BR,2.5BA | $1.58 |
| Legends Rosewood Village | Aspen | 2BR,2BA | $1.69 |
| Homestead Commons | D | 3BR,2BA | $1.65 |
| Hidden Valley Club | The Packard | 2BR,1BA | $1.74 |
| Sparrow Wood | Fiinchwood 10C | 2BR,1.5BA | $1.59 |
| Mulberry Row Apartments | 2 Bedroom | 2BR,1BA | $1.39 |
| Ridgewood Apartments | Cascade III | 2BR,1BA | $1.51 |
| Spruce Knob Apartments | The Van Gogh | 1BR,1BA | $1.92 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 LifestyleCarpenter, Ann Arbor, MI
Ranked #30
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Carpenter Apartments
How much is rent for a Cheap One Bedroom Carpenter Apartment?
The lowest price for a Cheap One Bedroom Carpenter Apartment is $1,199 at Spruce Knob Apartments.
What is the lowest price for a Cheap Two Bedroom Carpenter Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Carpenter is starting from $1,235 at South Grove.
What is the most affordable Carpenter Three Bedroom Apartment?
The best deal on a cheap Carpenter Three Bedroom Apartment rental is at Homestead Commons and starts from $1,700.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.