Cheap Homes for Rent in Carpenter Neighborhood of Ann Arbor, MI from $1,200 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Carpenter 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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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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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 South Grove priced from $960. Hidden Valley Club has the second lowest priced unit, which is a 1 Bed apartment currently listed from $979. Here are the most affordable Carpenter apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
South GroveA1BR,1BA$960
Hidden Valley ClubThe Rivard1BR,1BA$979
EvergreenBelmont1BR,1BA$1,049

Best Value Apartments for Rent in Carpenter, MI

As of November 28, 2025 the best value apartment in the Carpenter area is the $1.22 price per square foot Grove Loft Model at Cloverly Village of Ann Arbor in the in the Wellesley Gardens neighborhood starting from $1,800. The second greatest value Carpenter apartment is the C1 Model at Blue Heron Pointe starting at $2,229 with a $1.54 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.
Cloverly Village of Ann ArborGrove Loft2BR,2.5BA$1.22
Blue Heron PointeC13BR,2.5BA$1.54
Legends Rosewood VillageAspen2BR,2BA$1.76
Mulberry Row Apartments2 Bedroom2BR,1BA$1.39
Sparrow WoodWrenwood1BR,1BA$1.54
South GroveAp1BR,1BA$1.51
Arbor Knoll ApartmentsThe Bayberry1BR,1BA$1.85
Hidden Valley ClubThe Rivard1BR,1BA$1.42
Ridgewood ApartmentsVista III1BR,1BA$1.83
EvergreenBelmont1BR,1BA$1.68

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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Quick Rent Budget Calculator

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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 Carpenter

What type of rentals are currently available in Carpenter?

There are currently 58 Apartments for Rent in Carpenter, MI with pricing that ranges from $1,050 to $3,700. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $1,275 to $3,200.

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 $1,275 to $3,200 with an average monthly rent of $2,063.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.