Cheap Homes for Rent in Chapel Hill Neighborhood of Ann Arbor, MI from $900 (15 Rentals)

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

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.

property at 555 E William St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio, 1 Bath Condo for Rent

Available Now

555 E William St, Unit 22E, Unit 22E

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

$1,600 - $2,300

Studio To 1 Bedroom Rentals

Available Now

555 E William St

Ann ArborMI48104
property at 1249 Island Dr

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Now

1249 Island Dr, Unit 104, Unit 104

1249 Island Dr
Ann ArborMI48105

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 555 E William St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Condo for Rent

Available Now

555 E William St, Unit 14B, Unit 14B

555 E William St
Ann ArborMI48104
property at 3374 Burbank Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 3 Bath Condo for Rent

Available Now

3374 Burbank Dr, Unit 349, Unit 349

3374 Burbank Dr
Ann ArborMI48105

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.

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 2 Beds unit found at Z Place Apartments priced from $999. 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 Chapel Hill apartments for rent in Ann Arbor, MI:

Apartment ListingModel NameBed/BathPriced From
Z Place ApartmentsB1 Alt1 - 2x12BR,1BA$999
Z West ApartmentsB2 Alt22BR,2BA$1,195
Island DriveEfficiency Phase 2Studio,1BA$1,275
GreenBrier1 Bedroom 1st Floor1BR,1BA$1,279
Landmark4X2C4BR,2BA$1,315

Best Value Apartments for Rent in Chapel Hill, MI

As of April 13, 2026 the best value apartment in the Chapel Hill 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 Chapel Hill apartment is the Traver w/ Two Car Garage Model at Hideaway Apartments starting at $3,899 with a $2.05 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.
City Place Ann ArborCity Townhome6BR,5BA$0.56
Hideaway ApartmentsTraver w/ Two Car Garage4BR,3.5BA$2.05
Six114BR/4BA - E4BR,4BA$1.43
Traver RidgeThe Johannes3BR,2BA$1.95
Z Place ApartmentsB1 Alt2 - 2x12BR,1BA$1.21
Brown Street Apartments2-Bedroom2BR,1BA$2.00
Traver CrossingThe Au Gres1BR,1BA$1.75
Forest Plaza Apartments1 bedroom1BR,1BA$1.81
Landmark2X12BR,1BA$2.05
GreenBrier1 Bedroom 3rd Floor Balcony1BR,1BA$2.00

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.

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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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The 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.

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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.

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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.

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Frequently Asked Questions about Chapel Hill

What type of rentals are currently available in Chapel Hill?

There are currently 444 Apartments for Rent in Chapel Hill, MI with pricing that ranges from $544 to $7,680. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $950 to $10,500.

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 $950 to $10,500 with an average monthly rent of $4,665.

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 $544 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $999.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.