
Cheap Apartments for Rent in the Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $700 (82 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Downtown Ann Arbor area of Ann Arbor.


The Barrister

326 E Madison St

101 W Liberty St

226 Packard St

Orchard House

511 Church St

1327 Wilmot St
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.

536 S 4th Ave

705 S Division St

316 E Madison St

Carriage House Apartments

520 Packard St

609 S 5th Ave

311 S Division St

527 S 4th Ave
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.

209 N Ingalls St

324 S Ashley St

The Stratford Apartments

VERVE Ann Arbor

406 Packard Apartments

220 N 1st St

555 E William St

603 E Ann St
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.

350 Thompson Apartments

Varsity Management - 310 E. Liberty

U of M Student Housing Portfolio

555 E William St, Unit 22E

Varsity Management 418 E. Washington

809 Catherine St

410 Observatory St

314 S Ashley St
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

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 | $1,835 | $1,050 | $2,977 |
| Downtown Ann Arbor 1 Bedroom Apartments | $2,107 | $1,150 | $6,465 |
| Downtown Ann Arbor 2 Bedroom Apartments | $2,410 | $846 | $4,895 |
| Downtown Ann Arbor 3 Bedroom Apartments | $1,932 | $949 | $4,575 |
| Downtown Ann Arbor 4 Bedroom Apartments | $1,622 | $949 | $4,400 |
| Downtown Ann Arbor 5 Bedroom Apartments | $1,492 | $1,285 | $1,621 |
| Downtown Ann Arbor 6 Bedroom Apartments | $4,173 | $1,321 | $6,790 |
Browse Apartments in this Neighborhood
There are currently 82 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
See all Apartments in Ann ArborExplore Ann Arbor
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 $1,500.
What is the price of a cheap apartment in Downtown Ann Arbor?
The cheapest apartment in Downtown Ann Arbor is 323 Packard St which is listed at $1,200, while the average apartment in Downtown Ann Arbor costs $1,826.
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 69 regular apartments in Downtown Ann Arbor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Ann Arbor?
Cheap apartments in Downtown Ann Arbor have an average cost of $1,133 which is $693 cheaper than the average rent for all rentals in Downtown Ann Arbor.
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

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.

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.

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.

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.