433 Hamilton Pl
Ann ArborMI48104
Cheap Homes for Rent in Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ann Arbor area of Ann Arbor.
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.
555 E William 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.
555 E William St, Unit 17J
555 E William St
Ann ArborMI48104
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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 | $3,000 | $3,000 | $3,000 |
| Downtown Ann Arbor 6 Bedroom Homes for Rent | $3,992 | $995 | $6,990 |
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 September 10, 2025 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 4 Beds, 2 baths Model at 532 S 5th Ave starting at $4,000 with a $2.00 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 |
| 532 S 5th Ave | 4 Beds, 2 baths | 4BR,2BA | $2.00 |
| 301 N State St | 3 Beds, 1 bath | 3BR,1BA | $0.60 |
| 119 E Liberty St, Unit 1 | 119 E Liberty St | 3BR,1BA | $1.85 |
| The Varsity(MI) | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.14 |
| Corner House Apartments | Three-Bedroom | 3BR,1BA | $1.81 |
| 325 E Liberty St, Unit Apt. 1 | 325 E Liberty St | 2BR,1BA | $1.80 |
| 323 Packard St | 1 Bedroom | 1BR,1BA | $1.52 |
| 332 E William St | 1 Bed | 1BR,1BA | $1.94 |
| University Towers - UofM Student Housing | D Style - One Bed ($999 each w/ 2 People!) | 1BR,1BA | $2.00 |
Frequently Asked Questions about Downtown Ann Arbor
What type of rentals are currently available in Downtown Ann Arbor?
There are currently 245 Apartments for Rent in Downtown Ann Arbor, MI with pricing that ranges from $999 to $10,000. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ann Arbor ranging from $995 to $6,990.
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 $995 to $6,990 with an average monthly rent of $3,147.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.