109 Adams Ave
Ann ArborMI48104
Cheap Homes for Rent in Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $2,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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.
111 N Ashley St
Ann ArborMI48104
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
555 E William St, Unit 17J
555 E William St
Ann ArborMI48104
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Downtown Ann Arbor, Ann Arbor, MI Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Downtown Ann Arbor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Ann Arbor 2 Bedroom Homes for Rent | $3,125 | $2,400 | $3,850 |
| Downtown Ann Arbor 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
| Downtown Ann Arbor 6 Bedroom Homes for Rent | $8,191 | $6,990 | $9,393 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
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Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of May 12, 2025 the best value apartment in the Downtown Ann Arbor area is the $0.75 price per square foot D2 Model at Saga Ann Arbor in the in the Chapel Hill neighborhood starting from $1,124. The second greatest value Downtown Ann Arbor apartment is the 2 Bed- Downstairs Model at Centerra Pointe starting at $2,690 with a $1.91 price per square foot in the Old West Side 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. |
|---|---|---|---|
| Saga Ann Arbor | D2 | 4BR,3BA | $0.75 |
| Centerra Pointe | 2 Bed- Downstairs | 2BR,2BA | $1.91 |
| Ponds at Georgetown Apartments | Sandpiper | 3BR,2BA | $2.18 |
| Uptown Ann Arbor | The D.C | 1BR,1BA | $2.39 |
| Owl Creek | Cedar | 1BR,1BA | $3.00 |
| Landmark | 2X1 | 2BR,1BA | $2.38 |
| The George | Loft - Unit G | 1BR,1.5BA | $2.71 |
| Briar Cove Apartments | Blue Ribbon | 1BR,1BA | $1.95 |
| Ann Arbor Woods | Two Bedroom One Bath | 2BR,1BA | $2.28 |
| 400 Maynard | Studio | Studio ,1BA | $3.00 |
Frequently Asked Questions about Downtown Ann Arbor
What type of rentals are currently available in Downtown Ann Arbor?
There are currently 247 Apartments for Rent in Downtown Ann Arbor, MI with pricing that ranges from $1,035 to $7,350. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ann Arbor ranging from $2,400 to $9,393.
What is the current price range for Rental Homes in Downtown Ann Arbor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Ann Arbor ranges from $2,400 to $9,393 with an average monthly rent of $4,363.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.