
Cheap 2 Bedroom Apartments for Rent in the Central Ann Arbor Neighborhood of Ann Arbor, MI from $846 (65 Rentals)


528 S 5th Ave

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Traver Crossing

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Michigan Terrace

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Island Drive

The Algonquin

802 S Main St

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Abbey

125 Hill Street Apartments

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813 S Main St
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.

817 Arch St

Heritage House

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1411 Golden Ave, Unit 3

1531 Packard St

109 N Thayer St

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Bradford House

1312-1314 Wright St

1014 Granger Ave

628 Packard St

Shoreview Apartments
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.

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The Highlands Apartments

1425-1427 S State St

707 S Division St

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1321 Wilmot St

118 E Kingsley St

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1009 Packard St, Unit #1

515 Lawrence St

Arbor Valley

Park Plaza

1028 Fuller St
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.

Tradewinds Apartments

Courthouse Square - A 55+ Community

914/918 S State Street

727 E Kingsley St

1600 Packard St

331 Packard

1100 Hill St

Fritz Lofts

1401 Golden Ave

Fuller Apartments
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.

Brookside Apartments

910 Packard St

209 N Ingalls St

311 S Division St

609 S 5th Ave

527 S 4th Ave

The Stratford Apartments

Broadview Apartments

1531 Packard St

618 Packard St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
Central Ann Arbor, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Central Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Ann Arbor Studio Apartments | $1,872 | $1,095 | $2,972 |
| Central Ann Arbor 1 Bedroom Apartments | $1,857 | $825 | $6,460 |
Central Ann Arbor 2 Bedroom Apartments | $2,270 | $846 | $4,895 |
| Central Ann Arbor 3 Bedroom Apartments | $2,526 | $949 | $4,575 |
| Central Ann Arbor 4 Bedroom Apartments | $1,811 | $849 | $4,400 |
| Central Ann Arbor 5 Bedroom Apartments | $2,257 | $750 | $5,500 |
| Central Ann Arbor 6 Bedroom Apartments | $4,829 | $1,321 | $7,200 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 2 mile radius of the Central Ann Arbor Neighborhood of Ann Arbor, MI.
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Central Ann Arbor, Ann Arbor, MI Local Guide
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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 LifestyleCentral Ann Arbor, Ann Arbor, MI
Ranked #51
Among cities in Michigan for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Central Ann Arbor Apartments
What is a cheap apartment in Central Ann Arbor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Ann Arbor is under $1,325.
What is the price of a cheap apartment in Central Ann Arbor?
The cheapest apartment in Central Ann Arbor is 528 S 5th Ave which is listed at $1,300, while the average apartment in Central Ann Arbor costs $1,850.
What types of apartments are the cheapest in Central Ann Arbor?
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 114 regular apartments in Central Ann Arbor 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 Central Ann Arbor?
Cheap apartments in Central Ann Arbor have an average cost of $1,404 which is $446 cheaper than the average rent for all rentals in Central Ann Arbor.
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

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.

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.