Cheap Homes for Rent in the Chapel Hill Neighborhood of Ann Arbor, MI from $699 (13 Rentals)

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

property at 1241 Island Dr

$699

Total Monthly Price

Total Monthly Price

Base Rent
$699

Total Monthly Price
$699

1 Bedroom, 1 Bath Condo for Rent

Available Now

1241 Island Dr, Unit 2

1241 Island Dr
Ann ArborMI48105
property at 806 Hill St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 3 Bath Home for Rent

Available Now

806 Hill St

Ann ArborMI48104

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.

property at 555 E William St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Condo for Rent

Available Aug 28

555 E William St, Unit 17L

555 E William St
Ann ArborMI48104
property at 555 E William St

$1,500 - $2,300

Studio To 1 Bedroom Rentals

Available Now

555 E William St

Ann ArborMI48104
property at 3234 Bolgos Cir

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

3234 Bolgos Cir, Unit 3234 Bolgos Circle

3234 Bolgos Cir
Ann ArborMI48105

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.

Chapel Hill, Ann Arbor, MI Local Guide

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. Z West Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $846. Here are the most affordable Chapel Hill apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
1803 Hill St1803 Hill St.1BR,3BA$825
Z West ApartmentsB3 Alt12BR,2BA$846
Varsity Management2BR/1.0BA2BR,1BA$960
Haven on GeddesBi-Level 'Townhome' - By the Bed Lease - one be...3BR,1BA$999
University PlazaStudioStudio,1BA$1,050

Best Value Apartments for Rent in Chapel Hill, MI

As of August 26, 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 City Townhome Model at City Place Ann Arbor starting at $1,285 with a $0.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1803 Hill St1803 Hill St.1BR,3.5BA$0.30
City Place Ann ArborCity Townhome6BR,5BA$0.57
518 Monroe StPer Bedroom - Shared House1BR,1BA$0.49
533 Elizabeth St, Unit 533 Elizabeth533 Elizabeth St5BR,1BA$0.50
Z Place ApartmentsD1 - 4x24BR,2BA$0.99
Six114BR/4BA - C4BR,4BA$1.29
Truth House - All InclusiveDouble Room - Per Bed - Furnished1BR,1BA$0.87
Traver CrossingThe Au Sable2BR,1BA$1.30
Fuller Apartments2 Bedroom - Layout 3A2BR,1BA$0.95
Saga Ann ArborC13BR,2BA$1.28

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.

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Frequently Asked Questions about Chapel Hill

What type of rentals are currently available in Chapel Hill?

There are currently 463 Apartments for Rent in Chapel Hill, MI with pricing that ranges from $750 to $6,790. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $699 to $7,200.

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 $7,200 with an average monthly rent of $2,855.

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 $1,295 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,925 and Four Bedroom Apartments start at $949.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.