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$1,100 - $1,800Studio to 1 Bedroom Apartments Available Now
323 Packard St
323 Packard StAnn Arbor, MI 48104
Cheap Apartments for Rent in the Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $700 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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$1,100 - $3,385Studio to 3 Bedroom Apartments Available Aug 29
The Forum Apartments
722-726 S State StAnn Arbor, MI 48104
1328 Geddes Ave
Ann ArborMI48104
408 E Jefferson St
Ann ArborMI48104
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$1,235 - $1,745Studio to 1 Bedroom Apartments Available Now
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
317 E Ann St
Ann ArborMI48104
601 E William St
Ann ArborMI48104
1340 N University Ct
Ann ArborMI48104
120 N Division 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.
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$1,499 - $1,599Studio Apartments Contact Us For Availability
307 Thompson - Furnished Studios
307 Thompson StAnn Arbor, MI 48104
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$1,500 - $3,6002 Bedroom Apartments Available May 19
Carriage House Apartments
1224 Washtenaw CtAnn Arbor, MI 48104
322 S Division St
Ann ArborMI48104
226 Packard St
Ann ArborMI48104
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$1,545 - $2,145Studio to 2 Bedroom Apartments Available Aug 31
332 E William St
332 E William StAnn Arbor, MI 48104
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$1,585 - $2,1201 to 2 Bedroom Apartments Available Aug 29
520 Packard St
520 Packard StAnn Arbor, MI 48104
518 S 4th Ave
Ann ArborMI48104
705 S Division St
Ann ArborMI48104
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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.
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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.
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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.
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Showing Results 1-38, Page 1 of 1
Downtown Ann Arbor, Ann Arbor, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ann Arbor Studio Apartments | $1,970 | $1,100 | $3,383 |
| Downtown Ann Arbor 1 Bedroom Apartments | $2,116 | $1,100 | $4,043 |
| Downtown Ann Arbor 2 Bedroom Apartments | $2,303 | $1,220 | $4,349 |
| Downtown Ann Arbor 3 Bedroom Apartments | $1,987 | $1,255 | $4,575 |
| Downtown Ann Arbor 4 Bedroom Apartments | $1,614 | $999 | $5,450 |
| Downtown Ann Arbor 5 Bedroom Apartments | $2,543 | $1,299 | $7,100 |
| Downtown Ann Arbor 6 Bedroom Apartments | $4,824 | $1,295 | $8,690 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
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Cheapest Available Downtown Ann Arbor Apartments for Rent
The cheapest available apartment rental in the Downtown Ann Arbor area of Ann Arbor, MI is a 4 Beds unit found at Landmark priced from $1,315. Forest Plaza Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,480. Here are the most affordable Downtown Ann Arbor apartments for rent in Ann Arbor, MI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Landmark | 4X2C | 4BR,2BA | $1,315 |
| Forest Plaza Apartments | 1 bedroom | 1BR,1BA | $1,480 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,500 |
| VERVE Ann Arbor | 5BR - 04 | 5BR,5BA | $1,549 |
| 406 Packard Apartments | 1 Bedroom- 2 Balconies | 1BR,1BA | $1,850 |
| 400 Maynard | 1 Bedroom 1 Bath | 1BR,1BA | $1,899 |
| 618 South Main Apartments | Studio 1 Bath 555 sq. ft. | Studio,1BA | $2,020 |
| 1335-1341 Geddes Ave | 1341 | 2BR,1BA | $2,710 |
| Sterling Arbor Blu | Unit 07B | 1BR,1BA | $2,819 |
Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of January 02, 2026 the best value apartment in the Downtown Ann Arbor 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 Downtown Ann Arbor apartment is the 6BR/2.0BA Model at The Barrister starting at $1,450 with a $0.92 price per square foot in the Chapel Hill 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. |
|---|---|---|---|
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.56 |
| The Barrister | 6BR/2.0BA | 6BR,2BA | $0.92 |
| VERVE Ann Arbor | 4BR - 09 | 4BR,4BA | $1.65 |
| 406 Packard Apartments | 1 Bedroom- 2 Balconies | 1BR,1BA | $2.31 |
| 1335-1341 Geddes Ave | 1335 | 2BR,1BA | $3.39 |
| Landmark | 2X1 | 2BR,1BA | $2.05 |
| The Varsity(MI) | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.34 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $2.07 |
| Forest Plaza Apartments | 1 bedroom | 1BR,1BA | $2.06 |
| 400 Maynard | 1 Bedroom 1 Bath | 1BR,1BA | $4.01 |
Frequently Asked Questions about Cheap Downtown Ann Arbor Apartments
What is a cheap apartment in Downtown Ann Arbor?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Ann Arbor is under $2,819.
What is the price of a cheap apartment in Downtown Ann Arbor?
The cheapest apartment in Downtown Ann Arbor is Forest Plaza Apartments which is listed at $1,480, while the average apartment in Downtown Ann Arbor costs $11,200.
What types of apartments are the cheapest in Downtown Ann Arbor?
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 53 regular apartments in Downtown Ann Arbor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!