
Cheap Homes for Rent in Downtown Ann Arbor Neighborhood of Ann Arbor, MI from $2,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Ann Arbor area of Ann Arbor.


555 E William St

555 E William St, Unit 17J

111 N Ashley St

111 N Ashley St

309 N Ingalls St, Unit 1

812 Lawrence St
Downtown Ann Arbor, Ann Arbor, MI Local Guide

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 | $3,250 | $3,000 | $3,500 |
Downtown Ann Arbor 3 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Downtown Ann Arbor 6 Bedroom Homes for Rent | $8,191 | $6,990 | $9,393 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Ann Arbor Neighborhood of Ann Arbor, MI.
Explore Ann Arbor
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 2 Beds unit found at Courthouse Square - A 55+ Community priced from $1,250. Landmark has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,315. Here are the most affordable Downtown Ann Arbor apartments for rent in Ann Arbor, MI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Courthouse Square - A 55+ Community | Upgraded 2 bedrooms 2 bath | 2BR,2BA | $1,250 |
Landmark | 4X2C | 4BR,2BA | $1,315 |
618 South Main Apartments | Studio 1 Bath 543 sq. ft. | Studio,1BA | $2,133 |
Best Value Apartments for Rent in Downtown Ann Arbor, MI
As of July 27, 2025 the best value apartment in the Downtown Ann Arbor area is the $0.99 price per square foot 5 Bedroom 5 Bathroom A Model at Six11 in the in the Northeast Ann Arbor neighborhood starting from $1,549. The second greatest value Downtown Ann Arbor apartment is the D2 Model at Saga Ann Arbor starting at $999 with a $0.67 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. |
---|---|---|---|
Six11 | 5 Bedroom 5 Bathroom A | 5BR,5BA | $0.99 |
Saga Ann Arbor | D2 | 4BR,3BA | $0.67 |
1315 Hill St | 3 Bed / 2 Bath | 3BR,2BA | $5.00 |
Corner House Apartments | Three-Bedroom | 3BR,1BA | $2.27 |
Courthouse Square - A 55+ Community | Upgraded 2 bedrooms 1 bath | 2BR,1BA | $1.56 |
Sterling Arbor Blu | Unit 08B | 2BR,2BA | $2.76 |
Landmark | 2X1 | 2BR,1BA | $2.11 |
Ann Arbor City Club | Plan A | 1BR,1BA | $3.48 |
618 South Main Apartments | 1 Bedroom 1 Bath 621 sq. ft. | 1BR,1BA | $4.41 |
The Brady | Liberty | 1BR,1BA | $4.67 |
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 $999 to $10,000. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Ann Arbor ranging from $2,100 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 $2,100 to $9,393 with an average monthly rent of $4,485.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.