2915 Chesterfield St
Ann ArborMI48104
Cheap Homes for Rent in the Carpenter Neighborhood of Ann Arbor, MI from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Carpenter area of Ann Arbor.
4206 Packard St
Ann ArborMI48108
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.
275 Briarcrest Dr
Ann ArborMI48104
3166 Platt Rd
Ann ArborMI48108
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.
3254 Primrose Ln
YpsilantiMI48197
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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 | $1,999 | $1,350 | $2,500 |
| Carpenter 3 Bedroom Homes for Rent | $2,480 | $1,900 | $3,150 |
| Carpenter 4 Bedroom Homes for Rent | $3,233 | $2,700 | $3,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 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 $899. Spruce Knob Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. 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 | $899 |
| Spruce Knob Apartments | The Van Gogh | 1BR,1BA | $1,099 |
| Homestead Commons | B | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Carpenter, MI
As of July 14, 2026 the best value apartment in the Carpenter area is the $1.84 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 $3,500. The second greatest value Carpenter apartment is the 5748 Hampshire Ln Model at 5748 Hampshire Ln, Unit 5748 Hampshire Lane starting at $2,000 with a $1.52 price per square foot in the Ypsilanti 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 | $1.84 |
| 5748 Hampshire Ln, Unit 5748 Hampshire Lane | 5748 Hampshire Ln | 2BR,2.5BA | $1.52 |
| ReNew Ann Arbor | The Maple | 2BR,2BA | $2.09 |
| Mulberry Row Apartments | 2 Bedroom | 2BR,1BA | $1.35 |
| Hidden Valley Club | The Fordcroft | 2BR,2BA | $1.56 |
| South Grove Apartments | AMHERST | 2BR,1BA | $1.48 |
| Homestead Commons | B | 2BR,1BA | $1.36 |
| Brightdawn Village Apartments | 1 Bedroom + 1 Bathroom | 1BR,1BA | $2.70 |
| Mill Creek Townhomes | 1 Bedroom | 1BR,1BA | $2.02 |
| 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 Article
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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How much rent can you afford?
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Pet Friendly LifestyleCarpenter, Ann Arbor, MI
Ranked #39
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 $899 to $4,956. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpenter ranging from $1,000 to $3,700.
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 $1,000 to $3,700 with an average monthly rent of $2,178.
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
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.
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.