1241 Island Dr, Unit 2
1241 Island Dr
Ann ArborMI48105
Cheap Homes for Rent in the Chapel Hill Neighborhood of Ann Arbor, MI from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Chapel Hill area of Ann Arbor.
533 Elizabeth St
Ann ArborMI48104
533 Elizabeth St
Ann ArborMI48104
544 N State St
Ann ArborMI48104
123 Adams St
Ann ArborMI48104
1633 Leaird Dr
Ann ArborMI48105
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.
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$1,6001 Bedroom Apartments Available Aug 24
1303 Wilmot St, Unit 21
1303 Wilmot StAnn Arbor, MI 48104
555 E William St, Unit 12E
555 E William St
Ann ArborMI48104
555 E William St
Ann ArborMI48104
1217 Island Dr
Ann ArborMI48105
1249 Island Dr, Unit 104
1249 Island Dr
Ann ArborMI48105
555 E William 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.
3234 Bolgos Cir, Unit 3234 Bolgos Circle
3234 Bolgos Cir
Ann ArborMI48105
1209 Island Dr
Ann ArborMI48105
555 E William St, Unit 22E
555 E William St
Ann ArborMI48104
1249 Island Dr
Ann ArborMI48105
3236 Bolgos Cir
Ann ArborMI48105
2646 S Knightsbridge Cir
Ann ArborMI48105
Cash 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.
Showing Results 1-18, Page 1 of 1
Chapel Hill, Ann Arbor, MI Local Guide
How much does it cost to rent a home in Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill 2 Bedroom Homes for Rent | $2,291 | $1,800 | $3,350 |
| Chapel Hill 3 Bedroom Homes for Rent | $3,741 | $2,700 | $8,500 |
| Chapel Hill 4 Bedroom Homes for Rent | $3,599 | $2,900 | $4,200 |
| Chapel Hill 5 Bedroom Homes for Rent | $4,488 | $982 | $6,500 |
| Chapel Hill 6 Bedroom Homes for Rent | $4,439 | $889 | $7,200 |
| Chapel Hill 7 Bedroom Homes for Rent | $3,925 | $750 | $7,100 |
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 18 rentals with your search options within a 3 mile radius of the Chapel Hill Neighborhood of Ann Arbor, MI.
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Chapel Hill, Ann Arbor, MI Local Guide
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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 1803 Hill St priced from $825. Forest Plaza Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Chapel Hill apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3BA | $825 |
| Forest Plaza Apartments | Studio | Studio,1BA | $1,195 |
| 812 Mary St | 1 Bedroom | 1BR,1BA | $1,200 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,200 |
| Island Drive | Efficiency Phase 2 | Studio,1BA | $1,224 |
Best Value Apartments for Rent in Chapel Hill, MI
As of July 12, 2026 the best value apartment in the Chapel Hill area is the $0.30 price per square foot 1803 Hill St. Model at 1803 Hill St in the in the Northeast Ann Arbor neighborhood starting from $825. The second greatest value Chapel Hill apartment is the House ($1200/person - 6 person total) Model at 518 Monroe St starting at $1,200 with a $0.59 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. |
|---|---|---|---|
| 1803 Hill St | 1803 Hill St. | 1BR,3.5BA | $0.30 |
| 518 Monroe St | House ($1200/person - 6 person total) | 6BR,3BA | $0.59 |
| Vic Village North | 4B - Deluxe | 4BR,4BA | $1.47 |
| Traver Crossing | The Au Sable | 2BR,1BA | $1.43 |
| Traver Courts | Chatham | 2BR,1.5BA | $1.55 |
| Brown Street Apartments - 10 Min from UofM | 2-Bedroom | 2BR,1BA | $1.60 |
| Haven on Geddes | Single Level 'Ranch' Style Apartment Home - Deluxe | 3BR,1.5BA | $1.51 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.38 |
| Z Place Apartments | B1 Alt2 - 2x1 | 2BR,1BA | $1.21 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1.66 |
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.
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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.
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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Best Local Schools in Chapel Hill, Ann Arbor, MI
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Frequently Asked Questions about Chapel Hill
What type of rentals are currently available in Chapel Hill?
There are currently 452 Apartments for Rent in Chapel Hill, MI with pricing that ranges from $825 to $7,200. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $699 to $9,500.
What is the current price range for Rental Homes in Chapel Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill ranges from $699 to $9,500 with an average monthly rent of $3,942.
How much are larger Three and Four Bedroom Rentals in Chapel Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill range from $887 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $955.
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.