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$655 - $2,8002 to 3 Bedroom Apartments Available Aug 29
Dean Apartments
1021 Vaughn StAnn Arbor, MI 48104
Cheap Apartments for Rent in the Central Ann Arbor Neighborhood of Ann Arbor, MI from $500 (141 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Ann Arbor area of Ann Arbor.
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$709 - $3,6151 to 3 Bedroom Apartments Available Aug 29
Park Plaza
1320 S University AveAnn Arbor, MI 48104
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$780
Total Monthly Price
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$780
Total Monthly Price
$780
1105 Freesia Ct, Unit 1st floor, Unit 1st floor
1105 Freesia CtAnn Arbor, MI 48105
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$950
Total Monthly Price
6 Bedroom Apartments Available Aug 1Total Monthly Price
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$950
Total Monthly Price
$950
203 E Davis Ave
203 E Davis AveAnn Arbor, MI 48104
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Rent Specials
$999 - $3,996
Total Monthly Price
3 to 4 Bedroom Apartments Available Aug 17Total Monthly Price
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$999 - $3,996
Total Monthly Price
$999 - $3,996
Haven on Geddes
1700 Geddes AveAnn Arbor, MI 48104
732 S Forest Ave
Ann ArborMI48104
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Rent Specials
$1,150 - $1,545
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,150 - $1,545
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$1,150 - $1,545
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
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$1,177 - $3,530
Total Monthly Price
2 to 3 Bedroom Apartments Available Aug 16Total Monthly Price
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$1,177 - $3,530
Total Monthly Price
$1,177 - $3,530
Abbey
909 Church StAnn Arbor, MI 48104
601 E William St
Ann ArborMI48104
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Rent Specials
$1,199 - $1,999Studio to 3 Bedroom Apartments Available Now
Island Drive
1099 Maiden LnAnn Arbor, MI 48105
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.
924 Catherine St
Ann ArborMI48104
1340 N University Ct
Ann ArborMI48104
1556a Jones Dr
Ann ArborMI48105
1633 Leaird Dr
Ann ArborMI48105
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$1,340 - $1,550Studio Apartments Available Aug 29
414 Division
414 S Division StAnn Arbor, MI 48104
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Rent Specials
$1,365 - $2,350Studio to 2 Bedroom Apartments Available Aug 28
University Plaza
608 Monroe StAnn Arbor, MI 48104
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$1,375 - $1,9751 to 2 Bedroom Apartments Available Now
420 Hill St
420 Hill StAnn Arbor, MI 48104
703 S Forest Ave
Ann ArborMI48104
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$1,399 - $2,019
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,399 - $2,019
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Medical Center Court
1005 Maiden LnAnn Arbor, MI 48105
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$1,408 - $3,5002 to 3 Bedroom Apartments Available Now
The Algonquin
1330 N University AveAnn Arbor, MI 48104
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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Rent Specials
$1,415 - $3,000Studio to 3 Bedroom Apartments Available Aug 27
Arch Manor
711 Arch StAnn Arbor, MI 48104
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$1,425 - $1,4502 Bedroom Apartments Contact Us For Availability
802 S Main St
802 S Main StAnn Arbor, MI 48104
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$1,449Studio Apartments Available May 2
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
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$1,450 - $1,925
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,450 - $1,925
Total Monthly Price
$1,450 - $1,925
Tradewind Apartments
121 E Hoover AveAnn Arbor, MI 48104
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$1,450 - $2,065
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1 to 2 Bedroom Apartments Available Aug 28Total Monthly Price
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$1,450 - $2,065
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Bradford House
1010 Catherine StAnn Arbor, MI 48104
428 S Division St
Ann ArborMI48104
120 N Division St
Ann ArborMI48104
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$1,500 - $2,000
Total Monthly Price
1 to 2 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,500 - $2,000
Total Monthly Price
$1,500 - $2,000
Brown Street Apartments
824 Brown StAnn Arbor, MI 48104
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$1,500 - $1,750
Total Monthly Price
1 to 2 Bedroom Apartments Available Aug 20Total Monthly Price
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$1,500 - $1,750
Total Monthly Price
$1,500 - $1,750
813 S Main St
813 S Main StAnn Arbor, MI 48104
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$1,500
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
812 Mary St
812 Mary StAnn Arbor, MI 48104
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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$1,500 - $1,800
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $1,800
Total Monthly Price
$1,500 - $1,800
323 Packard St
323 Packard StAnn Arbor, MI 48104
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$1,515 - $1,895Studio to 2 Bedroom Apartments Available Aug 29
Fritz Lofts
1014 Church StAnn Arbor, MI 48104
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$1,545 - $1,845Studio to 1 Bedroom Apartments Available Aug 31
332 E William St
332 E William StAnn Arbor, MI 48104
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$1,560 - $2,280
Total Monthly Price
1 to 2 Bedroom Apartments Available Aug 1Total Monthly Price
Base Rent
$1,560 - $2,280
Total Monthly Price
$1,560 - $2,280
The Highlands Apartments
1681-1699 Broadway StAnn Arbor, MI 48105
914 Vaughn St
Ann ArborMI48104
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$1,595 - $2,0951 to 2 Bedroom Apartments Available Jul 1
817 Arch St
817 Arch StAnn Arbor, MI 48104
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$1,599 - $2,499
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1 to 2 Bedroom Apartments Available Aug 20Total Monthly Price
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$1,599 - $2,499
Total Monthly Price
$1,599 - $2,499
832 Packard St
832 Packard StAnn Arbor, MI 48104
555 E William St, Unit 13c, Unit 13c
555 E William St
Ann ArborMI48104
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$1,600 - $1,800
Total Monthly Price
2 Bedroom Apartments Available Aug 20Total Monthly Price
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$1,600 - $1,800
Total Monthly Price
$1,600 - $1,800
912 Brown St
912 Brown StAnn Arbor, MI 48104
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$1,650 - $2,800Studio to 2 Bedroom Apartment Available Jun 1
522 N Division St
522 N Division StAnn Arbor, MI 48104
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Rent Specials
$1,650 - $2,8001 to 2 Bedroom Apartments Available May 19
406 Packard Apartments
406 Packard StAnn Arbor, MI 48104
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$1,699 - $4,349Studio to 2 Bedroom Apartments Available Now
400 Maynard
524-518 E William StAnn Arbor, MI 48104
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$1,750
Total Monthly Price
2 Bedroom Apartment Available Aug 14Total Monthly Price
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$1,750
Total Monthly Price
$1,750
1411 Golden Ave, Unit 3, Unit 3
1411 Golden AveAnn Arbor, MI 48104
1014 Granger Ave
Ann ArborMI48104
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$1,7851 to 2 Bedroom Apartments Available Jul 8
Shoreview Apartments
420 Kellogg StAnn Arbor, MI 48105
118 E Kingsley St
Ann ArborMI48104
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$1,800 - $2,7002 Bedroom Apartments Available May 19
628 Packard St
628 Packard StAnn Arbor, MI 48104
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$1,848 - $2,1572 Bedroom Apartments Available Jun 15
125 Hill Street Apartments
125 Hill StAnn Arbor, MI 48104
555 E William St, Unit 12E, Unit 12E
555 E William St
Ann ArborMI48104
555 E William St
Ann ArborMI48104
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Central Ann Arbor, Ann Arbor, MI Local Guide
Copyright CoStar Group, Inc
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 | $1,894 | $1,150 | $2,864 |
| Central Ann Arbor 1 Bedroom Apartments | $2,039 | $780 | $4,068 |
| Central Ann Arbor 2 Bedroom Apartments | $2,260 | $846 | $4,349 |
| Central Ann Arbor 3 Bedroom Apartments | $2,155 | $655 | $4,575 |
| Central Ann Arbor 4 Bedroom Apartments | $1,969 | $999 | $5,600 |
| Central Ann Arbor 5 Bedroom Apartments | $2,607 | $1,299 | $6,850 |
| Central Ann Arbor 6 Bedroom Apartments | $4,698 | $950 | $8,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 141 rentals with your search options within a 2 mile radius of the Central Ann Arbor Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Central Ann Arbor, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
- Nearby Cities
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Cheapest Available Central Ann Arbor Apartments for Rent
The cheapest available apartment rental in the Central Ann Arbor area of Ann Arbor, MI is a Studio unit found at 912 Sybil St priced from $1,090. Z West Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,195. Here are the most affordable Central Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 912 Sybil St | Studio | Studio,1BA | $1,090 |
| Z West Apartments | B2 Alt2 | 2BR,2BA | $1,195 |
| Landmark | 4X2C | 4BR,2BA | $1,315 |
| Fuller Apartments | 1 Bedroom | 1BR,1BA | $1,320 |
| Forest Plaza Apartments | 1 bedroom | 1BR,1BA | $1,340 |
| Island Drive | One Bedroom Phase 3 | 1BR,1BA | $1,350 |
| 420 Hill St | S 1 Bedroom | 1BR,1BA | $1,375 |
| Traver Crossing | The Au Gres | 1BR,1BA | $1,399 |
| Medical Center Court | The Huron | Studio,1BA | $1,399 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1,408 |
Best Value Apartments for Rent in Central Ann Arbor, MI
As of May 01, 2026 the best value apartment in the Central Ann Arbor area is the $0.56 price per square foot City Townhome Model at City Place Ann Arbor in the in the Chapel Hill neighborhood starting from $1,270. The second greatest value Central Ann Arbor apartment is the House Model at 807 S Main St starting at $2,900 with a $1.32 price per square foot in the North Central Ann Arbor neighborhood. Here is today’s list of the best values for Central Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.56 |
| 807 S Main St | House | 3BR,1BA | $1.32 |
| Michigan Terrace | 3 Bedroom | 3BR,1BA | $1.65 |
| Six11 | 4BR/4BA - E | 4BR,4BA | $1.43 |
| Tradewind Apartments | Two Bed Bi Level | 2BR,1.5BA | $1.75 |
| Z Place Apartments | B1 Alt2 - 2x1 | 2BR,1BA | $1.21 |
| Brown Street Apartments | 2-Bedroom | 2BR,1BA | $1.78 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1.72 |
| Traver Crossing | The Au Gres | 1BR,1BA | $1.75 |
| Forest Plaza Apartments | 1 bedroom | 1BR,1BA | $1.72 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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Pet Friendly LifestyleCentral Ann Arbor, Ann Arbor, MI
Ranked #40
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 $1,408.
What is the price of a cheap apartment in Central Ann Arbor?
The cheapest apartment in Central Ann Arbor is Fuller Apartments which is listed at $1,320, while the average apartment in Central Ann Arbor costs $11,200.
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 253 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 $1,751 which is $9,449 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.