
Cheap Apartments for Rent in the Chapel Hill Neighborhood of Ann Arbor, MI from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chapel Hill area of Ann Arbor.


533 Elizabeth St, Unit 533 Elizabeth

537 Elizabeth St, Unit 2

400 Maynard

1544 Jones Dr

1548 Jones Dr

1550 Jones Dr

1546 Jones Dr

1554 Jones Dr

Courthouse Square - A 55+ Community
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.

GreenBrier

1556 Jones

University Plaza

323 Packard St

Huron Towers

The Haven of Ann Arbor

Island Drive

528 S 5th Ave

Forest Plaza Apartments

The Highlands Apartments
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.

VERVE Ann Arbor
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.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Chapel Hill, Ann Arbor, MI Local Guide

How much does it cost to rent an apartment in Chapel Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Chapel Hill Studio Apartments | $1,739 | $949 | $3,100 |
Chapel Hill 1 Bedroom Apartments | $2,047 | $999 | $3,950 |
Chapel Hill 2 Bedroom Apartments | $2,532 | $1,250 | $4,995 |
Chapel Hill 3 Bedroom Apartments | $2,386 | $889 | $3,995 |
Chapel Hill 4 Bedroom Apartments | $1,898 | $999 | $6,000 |
Chapel Hill 5 Bedroom Apartments | $1,788 | $1,035 | $7,095 |
Chapel Hill 6 Bedroom Apartments | $3,473 | $549 | $7,500 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 3 mile radius of the Chapel Hill Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
Chapel Hill, Ann Arbor, MI Local Guide
- Nearby Ann Arbor neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Chapel Hill Apartments for Rent
 The cheapest available apartment rental in the Chapel Hill area of Ann Arbor, MI is a 1 Bed unit found at Courthouse Square - A 55+ Community priced from $1,150. GreenBrier has the second lowest priced unit, which is a Studio apartment currently listed from $1,229. Here are the most affordable Chapel Hill apartments for rent in Ann Arbor, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Courthouse Square - A 55+ Community | Upgraded 1 bedroom 1 bath | 1BR,1BA | $1,150 |
GreenBrier | Efficiency | Studio,1BA | $1,229 |
Island Drive | Efficiency Phase 2 | Studio,1BA | $1,395 |
Landmark | 4X2C | 4BR,2BA | $1,399 |
520 N Ashley St | One Bedroom Flat | 1BR,1BA | $1,495 |
Fuller Apartments | 2-Bedroom Center apartments | 2BR,1BA | $1,530 |
Owl Creek | Aspen | Studio,1BA | $1,543 |
The Haven of Ann Arbor | One Bedroom, One Bath (A2) | 1BR,1BA | $1,576 |
307 Thompson | 0B1B | Studio,1BA | $1,599 |
Best Value Apartments for Rent in Chapel Hill, MI
As of June 08, 2025 the best value apartment in the Chapel Hill area is the $0.34 price per square foot 533 Elizabeth St Model at 533 Elizabeth St, Unit 533 Elizabeth in the in the Chapel Hill neighborhood starting from $699. The second greatest value Chapel Hill apartment is the D2 Model at Saga Ann Arbor starting at $999 with a $0.67 price per square foot in the Chapel Hill neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
533 Elizabeth St, Unit 533 Elizabeth | 533 Elizabeth St | 6BR,2BA | $0.34 |
Saga Ann Arbor | D2 | 4BR,3BA | $0.67 |
Plymouth Green | Two Bedroom Two Bathroom Flat | 2BR,2BA | $2.35 |
Traver Courts | Chatham | 2BR,1.5BA | $1.80 |
The Haven of Ann Arbor | One Bedroom, One Bath (A2) | 1BR,1BA | $2.03 |
Landmark | 2X1 | 2BR,1BA | $2.24 |
Fuller Apartments | 2-Bedroom Corner Apartments | 2BR,1BA | $2.20 |
520 N Ashley St | One Bedroom Townhome | 1BR,1BA | $2.08 |
Courthouse Square - A 55+ Community | Upgraded 1 bedroom 1 bath | 1BR,1BA | $1.99 |
GreenBrier | Efficiency | Studio ,1BA | $2.31 |
Quick 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 LifestyleChapel Hill, Ann Arbor, MI
Ranked #41
Among neighborhoods in Ann Arbor, MI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Chapel Hill, Ann Arbor, MI
School data provided by Great Schools
Frequently Asked Questions about Cheap Chapel Hill Apartments
What is a cheap apartment in Chapel Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chapel Hill is under $1,599.
What is the price of a cheap apartment in Chapel Hill?
The cheapest apartment in Chapel Hill is Courthouse Square - A 55+ Community which is listed at $1,150, while the average apartment in Chapel Hill costs $2,132.
What types of apartments are the cheapest in Chapel Hill?
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 77 regular apartments in Chapel Hill 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 Chapel Hill?
Cheap apartments in Chapel Hill have an average cost of $906 which is $1,226 cheaper than the average rent for all rentals in Chapel Hill.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.