Cheap Homes for Rent in Central Ann Arbor Neighborhood of Ann Arbor, MI from $600 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Central Ann Arbor area of Ann Arbor.

property at 334 Beakes St

334 Beakes St

Ann ArborMI48104

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.

property at 334 Beakes St

334 Beakes St

Ann ArborMI48104
property at 1127 Church St

1127 Church St

Ann ArborMI48104
property at 555 E William St

555 E William St

Ann ArborMI48104

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.

Central Ann Arbor, Ann Arbor, MI Local Guide

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 2 Beds unit found at Brown Street Apartments priced from $850. 731 Packard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Central Ann Arbor apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Brown Street Apartments2-Bedroom2BR,1BA$850
731 PackardSingle Bedroom September to May1BR,$950
Fritz LoftsStudioStudio,1BA$1,095

Best Value Apartments for Rent in Central Ann Arbor, MI

As of September 08, 2025 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 home Model at 807 S Main St starting at $2,750 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
City Place Ann ArborCity Townhome6BR,5BA$0.56
807 S Main Sthome3BR,1BA$1.25
828 Greene St6-Unit Suite6BR,2BA$0.61
301 N State St3 Beds, 1 bath3BR,1BA$0.60
533 Elizabeth St, Unit 2533 Elizabeth St6BR,1BA$0.71
The Varsity(MI)4 Bedroom 2 Bathroom4BR,2BA$1.14
908 Sybil StOne Bedroom w/ Office2BR,1BA$1.25
Brown Street Apartments2-Bedroom2BR,1BA$0.94
1200 E University Ave, Unit 1200 E University1200 E University Ave2BR,1BA$1.56
323 Packard St1 Bedroom1BR,1BA$1.52

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Pet Friendly Lifestyle
Central Ann Arbor, Ann Arbor, MI

Ranked #58

Among cities in Michigan for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Central Ann Arbor

What type of rentals are currently available in Central Ann Arbor?

There are currently 486 Apartments for Rent in Central Ann Arbor, MI with pricing that ranges from $849 to $10,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Ann Arbor ranging from $650 to $8,900.

What is the current price range for Rental Homes in Central Ann Arbor?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Ann Arbor ranges from $650 to $8,900 with an average monthly rent of $3,570.

How much are larger Three and Four Bedroom Rentals in Central Ann Arbor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Ann Arbor range from $1,399 to $8,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $999.

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.

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

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.