
Cheap Homes for Rent in the Carpenter Neighborhood of Ann Arbor, MI from $1,295 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter area of Ann Arbor.


225 Briarcrest, Unit 202

275 Briarcrest Dr

3166 Platt Rd
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.

2824 Whitewood St

791 Addington Ln

3107 Ailsa Craig

Furnished Studio-Detroit - Ann Arbor - University South
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.

3156 Promenade Cir
Carpenter, Ann Arbor, MI Local Guide

How much does it cost to rent a home in Carpenter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpenter 2 Bedroom Homes for Rent | $2,053 | $1,295 | $2,600 |
| Carpenter 3 Bedroom Homes for Rent | $2,622 | $2,100 | $3,500 |
| Carpenter 4 Bedroom Homes for Rent | $3,187 | $1,900 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Carpenter Neighborhood of Ann Arbor, MI.
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evergreen | Abbot | 1BR,1BA | $919 |
| Spruce Knob Apartments | The Van Gogh | 1BR,1BA | $999 |
| Hidden Valley Club | The Rivard | 1BR,1BA | $1,073 |
Best Value Apartments for Rent in Carpenter, MI
As of August 28, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deen's Yard on South State | 3 Bed + 2 Bed | 3BR,2.5BA | $1.63 |
| Cloverly Village of Ann Arbor | Arbour Loft | 2BR,2.5BA | $1.42 |
| Blue Heron Pointe | Perch Signature | 3BR,2.5BA | $1.80 |
| 5748 Hampshire Ln, Unit 5748 Hampshire Lane | 5748 Hampshire Ln | 2BR,2.5BA | $1.52 |
| Sparrow Wood Apartments | Sparrow Wood - I Bed + Den | 1BR,2BA | $1.41 |
| Mulberry Row Apartments | 2 Bedroom | 2BR,1BA | $1.35 |
| Ridgewood Apartments | Dakota III | 2BR,1BA | $1.74 |
| South Grove Apartments | HUME | 1BR,1BA | $1.91 |
| Spruce Knob Apartments | The Van Gogh | 1BR,1BA | $1.60 |
| Evergreen | Abbot | 1BR,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.
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 LifestyleCarpenter, Ann Arbor, MI
Ranked #24
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Carpenter
What type of rentals are currently available in Carpenter?
There are currently 61 Apartments for Rent in Carpenter, MI with pricing that ranges from $919 to $5,051. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $1,295 to $4,500.
What is the current price range for Rental Homes in Carpenter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carpenter ranges from $1,295 to $4,500 with an average monthly rent of $2,510.
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.

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.

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.

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.