Cheap Apartments for Rent in the Carpenter Neighborhood of Ann Arbor, MI from $919 (27 Rentals)

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

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Sparrow Wood Apartments
Rent Specials
$1,350 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,500
Total Monthly Price
$1,350 - $1,500
1 to 2 Bedroom Apartments Available Sep 1

Sparrow Wood Apartments

2864 Carpenter RdAnn Arbor, MI 48108
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 225 Briarcrest

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

2 Bedroom, 2 Bath Condo for Rent

Available Now

225 Briarcrest, Unit 202

225 Briarcrest
Ann ArborMI48104

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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property at 2824 Whitewood St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

2824 Whitewood St

Ann ArborMI48104

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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Clover Apartments
2 to 3 Bedroom Apartments

Clover Apartments

3904-4000 Cloverlane DrYpsilanti, MI 48197
Showing Results 1-27, Page 1 of 1

Carpenter, Ann Arbor, MI Local Guide

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 Evergreen priced from $919. Spruce Knob Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Carpenter apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
EvergreenAbbot1BR,1BA$919
Spruce Knob ApartmentsThe Van Gogh1BR,1BA$999
Hidden Valley ClubThe Rivard1BR,1BA$1,073
Homestead CommonsB2BR,1BA$1,275
Mill Creek Townhomes1 Bedroom1BR,1BA$1,295
Mulberry Row Apartments2 Bedroom2BR,1BA$1,350
South Grove ApartmentsAMHERST2BR,1BA$1,365
Ridgewood ApartmentsVista III1BR,1BA$1,395
Arbor Knoll ApartmentsThe Alder1BR,1BA$1,399
AVIA Lofts on Victors WayTwo Bed x Two Bath2BR,2BA$1,563

Best Value Apartments for Rent in Carpenter, MI

As of August 27, 2026 the best value apartment in the Carpenter area is the $1.63 price per square foot 3 Bed + 2 Bed Model at Deen's Yard on South State in the in the Wellesley Gardens neighborhood starting from $3,100. The second greatest value Carpenter apartment is the Arbour Loft Model at Cloverly Village of Ann Arbor starting at $2,318 with a $1.42 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Deen's Yard on South State3 Bed + 2 Bed3BR,2.5BA$1.63
Cloverly Village of Ann ArborArbour Loft2BR,2.5BA$1.42
Blue Heron PointePerch Signature3BR,2.5BA$1.80
5748 Hampshire Ln, Unit 5748 Hampshire Lane5748 Hampshire Ln2BR,2.5BA$1.52
Mulberry Row Apartments2 Bedroom2BR,1BA$1.35
AVIA Lofts on Victors WayTwo Bed x Two Bath2BR,2BA$1.84
South Grove ApartmentsHUME1BR,1BA$1.88
Mill Creek Townhomes1 Bedroom1BR,1BA$1.88
Spruce Knob ApartmentsThe Van Gogh1BR,1BA$1.60
EvergreenAbbot1BR,1BA$1.61

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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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
Carpenter, Ann Arbor, MI

Ranked #22

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Carpenter Apartments

What is the price of a cheap apartment in Carpenter?

The cheapest apartment in Carpenter is Evergreen which is listed at $919, while the average apartment in Carpenter costs $2,713.

What types of apartments are the cheapest in Carpenter?

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 30 regular apartments in Carpenter 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 Carpenter?

Cheap apartments in Carpenter have an average cost of $411 which is $2,302 cheaper than the average rent for all rentals in Carpenter.

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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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.