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$995 - $1,1201 Bedroom Apartments Contact Us For Availability
1223 Hill St
1223 Hill StAnn Arbor, MI 48104
Cheap Apartments for Rent in the Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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$1,030 - $1,040Studio Apartments Contact Us For Availability
316 Thompson St
316 Thompson StAnn Arbor, MI 48104
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$1,100 - $1,800Studio to 1 Bedroom Apartments Available Now
323 Packard St
323 Packard StAnn Arbor, MI 48104
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$1,100 - $3,385Studio to 3 Bedroom Apartments Available Aug 29, 2026
The Forum Apartments
722-726 S State StAnn Arbor, MI 48104
1328 Geddes Ave
Ann ArborMI48104
408 E Jefferson St
Ann ArborMI48104
317 E Ann St
Ann ArborMI48104
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$1,270 - $1,745Studio to 1 Bedroom Apartments Available Now
Forest Plaza Apartments
715 S Forest AveAnn Arbor, MI 48104
601 E William St
Ann ArborMI48104
1340 N University Ct
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.
120 N Division St
Ann ArborMI48104
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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 - $4,0002 to 3 Bedroom Apartments Contact Us For Availability
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, 2026
332 E William St
332 E William StAnn Arbor, MI 48104
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$1,550 - $2,300Studio to 1 Bedroom Apartments Available Dec 2
Varsity Management
418 E WashingtonAnn Arbor, MI 48104
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$1,585 - $2,1201 to 2 Bedroom Apartments Available Aug 29, 2026
520 Packard St
520 Packard StAnn Arbor, MI 48104
518 S 4th Ave
Ann ArborMI48104
705 S Division St
Ann ArborMI48104
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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$1,630 - $3,6151 to 3 Bedroom Apartments Available Aug 29, 2026
Park Plaza
1320 S University AveAnn Arbor, MI 48104
316 N State St
Ann ArborMI48104
1337 Wilmot Ct
Ann ArborMI48104
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311 S 5th Ave
Ann ArborMI48104
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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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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.
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 | $1,869 | $1,030 | $3,383 |
| Downtown Ann Arbor 1 Bedroom Apartments | $2,077 | $995 | $4,043 |
| Downtown Ann Arbor 2 Bedroom Apartments | $2,748 | $1,500 | $4,349 |
| Downtown Ann Arbor 3 Bedroom Apartments | $2,852 | $1,399 | $4,575 |
| Downtown Ann Arbor 4 Bedroom Apartments | $1,525 | $999 | $5,450 |
| Downtown Ann Arbor 5 Bedroom Apartments | $3,462 | $1,299 | $7,100 |
| Downtown Ann Arbor 6 Bedroom Apartments | $5,121 | $1,295 | $8,690 |
Browse Apartments in this Neighborhood
There are currently 52 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 $1,410. 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 | $1,410 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1,500 |
| Six11 | 1 Bedroom - Shared Space in 4 Bed | Studio,1BA | $1,549 |
| VERVE Ann Arbor | 5BR - 04 | 5BR,5BA | $1,549 |
| 310 E. Liberty | 1BR/1.0BA | 1BR,1BA | $1,800 |
| Ann Arbor City Club | Plan A | 1BR,1BA | $1,930 |
| 400 Maynard | Studio | Studio,1BA | $1,949 |
| 618 South Main Apartments | 1 Bedroom 1 Bath 696 sq. ft. | 1BR,1BA | $2,557 |
Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of November 30, 2025 the best value apartment in the Downtown Ann Arbor area is the $0.58 price per square foot 1327 Geddes Model at 1327 Geddes Ave in the in the Northeast Ann Arbor neighborhood starting from $1,582. The second greatest value Downtown Ann Arbor apartment is the 1315 Washtenaw Model at 1315 Washtenaw Ave starting at $1,444 with a $0.58 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. |
|---|---|---|---|
| 1327 Geddes Ave | 1327 Geddes | 6BR,2.5BA | $0.58 |
| 1315 Washtenaw Ave | 1315 Washtenaw | 5BR,2BA | $0.58 |
| City Place Ann Arbor | City Townhome | 6BR,5BA | $0.56 |
| 510 Mack Rd | 510 Mack | 5BR,2BA | $0.73 |
| 1318 Wilmot St | 1318 Wilmot | 6BR,3BA | $0.67 |
| 507 Mack Rd | 507 Mack | 4BR,2BA | $0.78 |
| 1344 Wilmot Ct | 1344 Wilmot | 4BR,2BA | $0.87 |
| The Barrister | 6BR/2.0BA | 6BR,2BA | $0.92 |
| 1329 S University Ave | 1329.5 S. University | 5BR,2.5BA | $0.90 |
| 1348 Wilmot Ct | 1348 Wilmot | 6BR,2BA | $0.94 |
Getting Around the Downtown Ann Arbor Neighborhood in Ann Arbor, MI
Walk Score®
98 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
73 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,557.
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 $1,410, while the average apartment in Downtown Ann Arbor costs $11,600.
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 38 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
Helpful Apartment Articles, How-To's and Tips
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.