Search the lowest-cost Apartments available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ann Arbor Studio Apartments | $1,897 | $1,195 | $2,972 |
| Downtown Ann Arbor 1 Bedroom Apartments | $2,148 | $1,275 | $6,460 |
| Downtown Ann Arbor 2 Bedroom Apartments | $2,139 | $846 | $4,175 |
| Downtown Ann Arbor 3 Bedroom Apartments | $1,984 | $955 | $4,575 |
| Downtown Ann Arbor 4 Bedroom Apartments | $1,548 | $955 | $5,600 |
| Downtown Ann Arbor 5 Bedroom Apartments | $1,487 | $1,285 | $1,845 |
| Downtown Ann Arbor 6 Bedroom Apartments | $3,503 | $1,295 | $7,200 |
There are currently 80 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
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Write a ReviewThe cheapest available apartment rental in the Downtown Ann Arbor area of Ann Arbor, MI is a Studio unit found at Forest Plaza Apartments priced from $1,195. Landmark has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,315. Here are the most affordable Downtown Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Plaza Apartments | Studio | Studio,1BA | $1,195 |
| Landmark | 4X2C | 4BR,2BA | $1,315 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,400 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1,408 |
| 503 Church St | 1 bed | 1BR,1BA | $1,500 |
| 603 E Ann St | 1 Beds, 1 Baths | 1BR,1BA | $1,800 |
| 1321 Wilmot St | 2 Bed 1 Bath | 2BR,1BA | $1,800 |
| 618 South Main Apartments | Studio 1 Bath 543 sq. ft. | Studio,1BA | $1,816 |
| The Brady | Jefferson | 1BR,1BA | $1,999 |
| Washington Manor | 1BR/1.0BA | 1BR,1BA | $2,060 |
As of July 06, 2026 the best value apartment in the Downtown Ann Arbor area is the $0.59 price per square foot House ($1200/person - 6 person total) Model at 518 Monroe St in the in the Chapel Hill neighborhood starting from $1,200. The second greatest value Downtown Ann Arbor apartment is the 4B - Deluxe Model at Vic Village North starting at $1,742 with a $1.47 price per square foot in the Northeast Ann Arbor neighborhood. Here is today’s list of the best values for Downtown Ann Arbor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 518 Monroe St | House ($1200/person - 6 person total) | 6BR,3BA | $0.59 |
| Vic Village North | 4B - Deluxe | 4BR,4BA | $1.47 |
| 503 Church St | 2 bed | 2BR,1BA | $2.40 |
| Saga Ann Arbor | C1 | 3BR,2BA | $1.38 |
| Z Place Apartments | B1 Alt2 - 2x1 | 2BR,1BA | $1.21 |
| The Algonquin | 2 Bedroom Flat | 2BR,1BA | $1.72 |
| Landmark | 2X1 | 2BR,1BA | $2.05 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.43 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1.93 |
| Forest Plaza Apartments | Studio | Studio ,1BA | $2.25 |
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ann Arbor is under $2,060.
The cheapest apartment in Downtown Ann Arbor is Forest Plaza Apartments which is listed at $1,275, while the average apartment in Downtown Ann Arbor costs $2,046.
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 76 regular apartments in Downtown Ann Arbor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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